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The Short and Long | 2026 Q3 Macro Investment Views

The Short and Long: Differentiated investment insights

15 Jul 2026

The Short and Long | CIO Weekly Bulletin

inflation

19 Aug 2026

Weekly Investment Insight

Investment Strategy

Weekly Spotlights

Japanese Equities: Results send
bullish signals

19 Aug 2026


FY3/27 Q1 (April-June) results were generally strong in Japan. Citi Analysts expect the resulting improvement in earnings forecast revisions to support Japanese equities in the near term.

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closeup-network-space

China Economics: Export Engine
Holds Firm

13 Aug 2026

AI hardware, transport equipment, and robust Asian supply-chain demand continued to power China exports, while import strength remained concentrated in tech products rather than broad domestic demand.

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global-equities

Foreign Exchange

Investment Strategy

Weekly Spotlights

If the USDJPY exceeds ¥160/$ there
could be additional intervention

19 Aug 2026

If the USDJPY exceeds ¥160/$ there could be additional intervention, and if it exceeds ¥162/$ we think the probability of intervention would exceed 50%. Also, the warning zone for the EURJPY is ¥195/€–¥196/€.

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Outlook for RMB remains solid

13 Aug 2026


RMB appreciation is likely to be reflected vs EUR, GBP and CHF that remain more vulnerable to the downside risks from energy dislocations from the Middle east. The medium to longer term outlook for RMB remains solid with USDCNY potentially targeting the 6.50-6.75 range. In the near term.

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Citi Wealth CIO podcast is out!

The Short and Long Podcast is Citi Wealth's Chief Investment Office flagship podcast series. Hosted by Chief Investment Officer Kate Moore, each episode brings together professionals across markets, technology, and macroeconomics to deliver clear, timely perspectives on the forces shaping the investment landscape. Whether you are an investor, a business leader, or simply looking to better understand the markets, The Short and Long is our guide designed to help you navigate complexity with confidence and clarity.

Episode 3 : “AI, Quantum and Cybersecurity: From Breach to Resilience”

YouTube

In our third episode, Kate is joined by Fatima Boolani, Co-Head of Software Research at Citi and a leading expert in cyber software, and Anneka Gupta, Chief Product Officer at Rubrik, for a conversation on one of the most important and underappreciated risks in markets today — the accelerating threat of cyberattacks, and what AI, quantum computing, and agentic technology mean for the security of our data, our organizations, and our portfolios.

View full version of The Short and Long Podcast on YouTube, Apple or Spotify

Episode 2 : “A New Environment? Investing in an Age of Geopolitical & Macro Shock”

YouTube

In our second episode “A New Environment? Investing in an Age of Geopolitical & Macro Shock”, Kate is joined by Eric Van Nostrand, Chief Investment Officer of Lazard Asset Management and former Acting Assistant Secretary of the Treasury for Economic Policy, and Conrad DeQuadros, Head of Economics at Citi Wealth’s Chief Investment Office, for a conversation on whether today's market optimism is justified and what a world reshaped by supply shocks, sticky inflation, and geopolitical disruption means for how investors should be building portfolios today.

View full version of The Short and Long Podcast on YouTube, Apple or Spotify

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