Strategy Note /

ASIAPACIFIC : Strategy - Macro Monday

    Say Boon LIM
    13 June 2022
    Published by

    The SP 500 is likely to resume its downtrend. The collapse in US consumer sentiment could significantly lower asset allocations into equities. Chinese stock indices are attempting technical breakouts. China's policy stimulus year-to-date is estimated to have already exceeded offerings for 2021. Earnings estimate upgrades for the Hang Seng Tech Index could be replicated for the CSI 300.