Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Cross Asset Strategy

<ul>
<li>The JPY is knocking on a key level vs the USD</li>
<li>Uncertainty over Fed interest rate decision could be a catalyst for a reversal</li>
<li>Buy JPY, Gold and Gold miners on any short-term correction</li>
</ul>


The JPY is knocking on a key level vs the USD
Uncertainty over Fed interest rate decision could be a catalyst for a reversal
Buy JPY, Gold and Gold miners on any short-term correction


Tactical Trading -Fed Meeting a Catalyst for Counter-Trend Moves

<ul>
<li>A review of recent events/data  impacting our investment themes or outlook</li>
<li>Expectations for future US interest rate cuts get dialed back - JPY impact</li>
<li>CFTC data shows speculative froth has come out of some markets</li>
</ul>


A review of recent events/data  impacting our investment themes or outlook
Expectations for future US interest rate cuts get dialed back - JPY impact
CFTC data shows speculative froth has come out of some markets


Overview #7 Speculative Positioning Review

<ul>
<li>Are we witnessing a short-term carry-trade unwind or a trend change?</li>
<li>A short-term bounce in the USDJPY will provide an opportunity to reposition</li>
<li>Industrial metals take the brunt of the unwind in the commodity sector</li>
</ul>


Are we witnessing a short-term carry-trade unwind or a trend change?
A short-term bounce in the USDJPY will provide an opportunity to reposition
Industrial metals take the brunt of the unwind in the commodity sector


Nowhere to Run to Baby, Nowhere to Hide! Part 2

<ul>
<li>“Strong” non-farm payrolls number a catalyst for another hit to commodities</li>
<li>Oil positioning is now very supportive for prices with non-commercial buying levels close to  five-year lows.</li>
<li>Copper may have more short-term downside with speculative interest still high</li>
</ul>


“Strong” non-farm payrolls number a catalyst for another hit to commodities
Oil positioning is now very supportive for prices with non-commercial buying levels close to  five-year lows.
Copper may have more short-term downside with speculative interest still high


"Wham, Bam, Thank You Ma'am" – Commodities Get Slammed

<ul>
<li>A monthly review of how the markets and our themes are currently performing</li>
<li>Analysing what went wrong and what went right in stocks and sectors</li>
<li>Highlighting positions added or removed from the thematic investment portfolio</li>
</ul>


A monthly review of how the markets and our themes are currently performing
Analysing what went wrong and what went right in stocks and sectors
Highlighting positions added or removed from the thematic investment portfolio


Canada

China Gold International Resources Corp Ltd. is a mining company focused on the exploration and development of gold projects in inner Mongolia and copper projects in Tibet Autonomous Region of China.

China Gold International Resources Corp Ltd. (CGG CN)

China Gold International Resources Corp Ltd.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

China Gold International Resources Corp Ltd. (CGG CN)

Tactical Trading -Fed Meeting a Catalyst for Counter-Trend Moves

JPY, Gold, and Gold miners have the potential for a short-term reversal due to uncertainty over extent of Fed interest rate decision.

Rikki Malik

Overview #7 Speculative Positioning Review

Recent events/data have led to a dialing back of expectations for US interest rate cuts, while CFTC data indicates a decrease in speculative...

Rikki Malik

Nowhere to Run to Baby, Nowhere to Hide! Part 2

In summary, we expect the unwinding of JPY shorts to continue driving more volatility in markets providing opportunities in certain sectors. The...

Rikki Malik

"Wham, Bam, Thank You Ma'am" – Commodities Get Slammed

Strong non-farm payrolls lead to a continued drop in commodities, giving opportunities in precious metals and energy, but some sectors may have...

Rikki Malik

May Themes and Thematic Portfolio Review

We review overall market performance, our investment themes, highlighting additions and substractions in the thematic portfolio.

Rikki Malik

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Tactical Trading -Fed Meeting a Catalyst for Counter-Trend Moves

JPY, Gold, and Gold miners have the potential for a short-term reversal due to uncertainty over extent of Fed interest rate decision.

Rikki Malik

Overview #7 Speculative Positioning Review

​Recent events/data have led to a dialing back of expectations for US interest rate cuts, while CFTC data indicates a decrease in speculative...

Rikki Malik

Nowhere to Run to Baby, Nowhere to Hide! Part 2

In summary, we expect the unwinding of JPY shorts to continue driving more volatility in markets providing opportunities in certain sectors. The...

Rikki Malik

"Wham, Bam, Thank You Ma'am" – Commodities Get Slammed

​Strong non-farm payrolls lead to a continued drop in commodities, giving opportunities in precious metals and energy, but some sectors may have...

Rikki Malik

May Themes and Thematic Portfolio Review

We review overall market performance, our investment themes, highlighting additions and substractions in the thematic portfolio.

Rikki Malik

Recent events/data have led to a dialing back of expectations for US interest rate cuts, while CFTC data indicates a decrease in speculative...

Strong non-farm payrolls lead to a continued drop in commodities, giving opportunities in precious metals and energy, but some sectors may have...