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Market Outlook & Investment Strategy Aug 2018

Investment Strategies Investment Product Specialists Division Personal Banking and Wealth Management Department The information contained in this document is for reference only and does not constitute any offer, solicitation, recommendation, advice or guarantee, for any Investment products or services. Please refer to the disclaimer for details. 1 Market Outlook & Investment Strategy Market Outlook Jun 2018 Global Economy We retain our view that above-trend global growth and healthy corporate earnings will be supportive to risky assets, in particular to equity, over the medium term. After much Market turbulence over the last few months, sentiment seemed to have turned more sanguine in May for risky assets. Yet concerns on the US-China trade tensions will still linger, coupled with geopolitical risks, and rising energy prices could cap the upside movements for risky assets for the rest of the quarter.

Investment Strategies Investment Product Specialists Division Personal Banking and Wealth Management Department Aug 2018 The information contained in this document is for reference only and does not constitute any offer, solicitation, recommendation, advice or guarantee, for any investment

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