Market Insights
Citi UAE's view on the financial market and the world of wealth today and tomorrow.
Mid-Year Outlook 2024
Renewed Growth, New Challenges: Building resilient portfolios
With rates higher for a little longer, geopolitical concerns, and volatile inflation data. How can investors build resilient portfolios in such a challenging time for markets?
In our Mid-Year Outlook 2024, Citi continues to advocate for a resilient balanced portfolio and sees opportunities and reasons to invest broadly across markets. Read more about our key observations.
Read The Full Report >
Read The Summary Report >
CIO Perspectives ꟾ Week of 22nd July 2024
Labor Market Slowing, Corporate Profits Growing
The latest scare over even more draconian tech export bans by the US against China has hit popular megacap tech stocks. But is the fear warranted? Our APAC Head of Investment Strategy Ken Peng brings to our attention the sharp market correction on semiconductors and how the broader equity market could be benefitting from a more dovish Fed.
Watch Now >
![CIO Strategy Bulletin](https://content.api.citibank.com/v1/files/aegcb/digital/images/2023/market-outlook-bulletin-test.jpg)
CIO Strategy Bulletin ꟾ Week of July 22nd, 2024 By Citi Wealth Insights
Markets Preview Trump Administration
Two discrete events – an act of political violence and a Presidential debate – have caused polls and prediction markets to sharply upgrade the probability that Donald Trump will win the November election. These clear market moves reveal how investors view Trump’s impact on policy and the economy.
![Latest CIO Views](https://content.api.citibank.com/v1/files/aegcb/digital/images/2023/cio-views.jpg)
![Weekly FX Focus](https://content.api.citibank.com/v1/files/aegcb/digital/images/2024/FX-Insights.jpg)
Weekly FX Focus ꟾ 26th July 2024
USDJPY – Yen volatility rises as Bank of Japan’s meeting looms
Volatility in USDJPY has spiked as the pair falls more than 8 big figures from 161.95 to 153.85 in just 3 weeks. With the expectations that the Bank of Japan (BoJ) will upgrade its inflation forecasts and potentially hike interest rates, could be see sustained Yen strength? We explore the tools available to the BoJ in managing financial conditions in this article.
FX Perspectives | May 10th, 2024
Can The Unexpected Strength In DXY Continue?
In our April FX podcast, Our Head of FX Strategy presented a case for the broad-based DXY index to eventually fall to the lower end of its 102-104 range in the second quarter. However, things have played out different since, with the index now in a higher 104-107 range. What are the factors at play and will this continue?
Listen to the Podcast >
![](https://content.api.citibank.com/v1/files/aegcb/digital/images/2023/wealth-outlook-2023.png?icid=abc12)
Mid-Year Outlook 2024
Renewed Growth, New Challenges: Building resilient portfolios
With rates higher for a little longer, geopolitical concerns, and volatile inflation data. How can investors build resilient portfolios in such a challenging time for markets?
In our Mid-Year Outlook 2024, Citi continues to advocate for a resilient balanced portfolio and sees opportunities and reasons to invest broadly across markets. Read more about our key observations.
Read The Full Report >
Read The Summary Report >
![](https://content.api.citibank.com/v1/files/aegcb/digital/images/2023/strategy-bulletin.png?icid=abc12)
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![Global Strategy](https://content.api.citibank.com/v1/files/aegcb/digital/images/2022/quadrant_1.jpg)
Global Strategy ꟾ Quadrant | July 19, 2024
Markets Give Investors Election Preview
In 2022 through 1H2023, unusually strong labor markets drove Fed policy to tighten more than investors believed the economy could endure. This occurred while many industries suffered declines in profits, making for a particularly bad financial market setting.
Today, these conditions have reversed. Covid delayed a rebound in services-related employment gains, but these labor-intensive industries are seeing hiring slow. Meanwhile, cautious producers who suffered profit declines are seeing EPS gains recover. This is while the Fed is poised to begin easing monetary policy by September.
![Sustainable Investing Spotlight](https://content.api.citibank.com/v1/files/aegcb/digital/images/2024/sustainable-investing.jpg)
Sustainable Investing Spotlight
Planting for tomorrow: Weaving sustainability into the path toward food security
Rising global food insecurity has come under the spotlight following a series of geopolitical shocks, including the COVID-19 pandemic and Russia’s invasion of Ukraine. Food security concerns have also been compounded by the effects of a shifting climate and increasing evidence of damage caused by accelerating biodiversity loss and water scarcity. Amid concerns about immediate and long-term food security, agriculture policies are caught in the crossfire between short-term food security and sustainability.
![World Investment Navigator](https://content.api.citibank.com/v1/files/aegcb/digital/images/2021/investment-opportunities-200121.jpg)
World Investment Navigator – January 2024
- October 2023 price is gone, the opportunity remains.
- Markets still price in too high a probability of a March rate cut, in our view. Still, 150 bps of cuts expected in 12 months is not extreme.
- What has happened since OL24: Junk rally amid dovish Fed turn.
- How’s the broadening trade going?
- Health Care: the anti-obesity craze won’t stymie innovation.
- Yield curve is now very flat, and positively sloped between intermediate-to-long dated maturities.
- Intermediate IG still offer attractive “real” yields vs expected inflation with yields of about 5.15% for duration of about 4 years.
- USD: The recent squeeze up in DXY may partly be due to a rise in risk aversion related to the Middle East.
- Presidential Year Stock Market Returns.
- Market-cap vs Equal-weighted S&P 500 Over Time.
- China’s equity performance is uncorrelated with its GDP growth, while the property market has acted as a key source of wealth generation since 1997.
- Japan – Profitability, Investor Inflows, Currency Kicker.
![Middle East Strategy](https://content.api.citibank.com/v1/files/aegcb/digital/images/2024/Middle-East-Strategy.jpg)
Middle East Strategy ꟾ May 2024
Commodities in Focus: Tracking Trends in Oil, Gold and Copper
Recent geopolitical tensions, particularly between Israel and Iran, have put the spotlight on the inherent risks to global energy supplies. However, while these events underscore a less secure environment, the actual impact on global markets and economies may be less negative than initially feared.
![Market Insights at Your Fingertips](https://content.api.citibank.com/v1/files/aegcb/digital/images/2022/citi_wealth_insights.jpg)
Citi Wealth Insights
Market Insights at Your Fingertips
Stay updated on key global market developments and Citi's house views on the latest headlines. Find out what's trending through our comprehensive market research reports and in-depth thematic articles.
**Please note that you will be leaving the Citi UAE website.
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![Global Strategy](https://content.api.citibank.com/v1/files/aegcb/digital/images/2022/quadrant_1.jpg)
Global Strategy ꟾ Quadrant | July 19, 2024
Markets Give Investors Election Preview
In 2022 through 1H2023, unusually strong labor markets drove Fed policy to tighten more than investors believed the economy could endure. This occurred while many industries suffered declines in profits, making for a particularly bad financial market setting.
Today, these conditions have reversed. Covid delayed a rebound in services-related employment gains, but these labor-intensive industries are seeing hiring slow. Meanwhile, cautious producers who suffered profit declines are seeing EPS gains recover. This is while the Fed is poised to begin easing monetary policy by September.
![Sustainable Investing Spotlight](https://content.api.citibank.com/v1/files/aegcb/digital/images/2024/sustainable-investing.jpg)
Sustainable Investing Spotlight
Planting for tomorrow: Weaving sustainability into the path toward food security
Rising global food insecurity has come under the spotlight following a series of geopolitical shocks, including the COVID-19 pandemic and Russia’s invasion of Ukraine. Food security concerns have also been compounded by the effects of a shifting climate and increasing evidence of damage caused by accelerating biodiversity loss and water scarcity. Amid concerns about immediate and long-term food security, agriculture policies are caught in the crossfire between short-term food security and sustainability.
![](https://content.api.citibank.com/v1/files/aegcb/digital/images/2023/world-investing-navigator.png?icid=abc12)
![](https://content.api.citibank.com/v1/files/aegcb/digital/images/2024/cpc-euro.png?icid=abc12)
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INSIGHTS
Why Invest?
Learn how a diversified portfolio can help cushion performance during volatile global market episodes and reduce the time needed to start generating positive returns.
![Getting To Know](https://content.api.citibank.com/v1/files/aegcb/digital/images/2021/getting-know-200121.jpg)
Getting to know you and your needs
Your dedicated Citigold Private Client Relationship Manager puts you and your needs at the core of the Gold Conversation. Your Relationship Manager will have an in depth conversation to understand your current financial position, goals and needs, to determine the suitable investment portfolio for you.
Disclaimer
This document is distributed in UAE by Citibank, N.A. UAE. Citibank N.A. UAE is licensed by UAE Securities and Commodities Authority (“SCA”) to undertake the financial activity as Promoter under license number 602003. Citibank N.A. UAE is registered with Central Bank of UAE under license numbers BSD/504/83 for Al Wasl Branch Dubai, 13/184/2019 for Mall of the Emirates Branch Dubai, BSD/2819/9 for Sharjah Branch, and BSD/692/83 for Abu Dhabi Branch.
This is not an official statement of Citigroup Inc. and may not reflect all of your investments with or made through Citibank. For an accurate record of your accounts and transactions, please consult your official statement. Before making any investment, each investor must obtain the investment offering materials, which include a description of the risks, fees and expenses and the performance history, if any, which may be considered in connection with making an investment decision. Each investor should carefully consider the risks associated with the investment and make a determination based upon the investor’s own particular circumstances, that the investment is consistent with the investor’s investment objectives. At any time, Citigroup companies may compensate affiliates and their representatives for providing products and services to clients.
This forecast is an estimate/ example only. It is not a reliable guide to the future performance of this investment. It is not indicative, and it should not be construed as likely returns. There are potential risks of a loss as well.
Warning: Past performance is not a reliable guide to future performance.
Warning: These figures are estimates / examples only. They are not a reliable guide to the future performance of this investment.