Recently, Standard Chartered Bank's Wealth Solutions Division released the “2026 Global Market Outlook”. From a macro perspective, the probability of a soft landing for the US economy in 2026 is rising. As global trade tensions ease, major economies will promote loose fiscal and monetary policies, and artificial intelligence is booming, risk assets are expected to take the lead. Standard Chartered advises investors to overallocate stocks and gold in their basic portfolios, while focusing on the technology, healthcare, and communications industries for Chinese assets. In the basic allocation, Standard Chartered Bank suggests overallocating US, Indian and Chinese stocks, emerging market bonds, and gold, while under-allocating European, British, and Japanese stocks. Standard Chartered believes that China may introduce more decisive but targeted stimulus measures in 2026. In particular, the release of the “15th Five-Year Plan” plan proposal focuses on speeding up investment in advanced technology to enhance autonomy and productivity. Standard Chartered still overstocks in China. Expected targeted policy stimulus, and strong profit growth related to the subject of artificial intelligence will provide strong support to the Chinese economy. Regarding gold, Standard Chartered Bank maintains an overallocation of gold. The target prices for 3 months and 12 months are 4,350 US dollars and 4,800 US dollars per ounce, respectively. Continued demand from central banks in emerging markets and a favorable macroeconomic environment are expected to maintain the rise in gold.

Recently, Standard Chartered Bank's Wealth Solutions Division released the “2026 Global Market Outlook”. From a macro perspective, the probability of a soft landing for the US economy in 2026 is rising. As global trade tensions ease, major economies will promote loose fiscal and monetary policies, and artificial intelligence is booming, risk assets are expected to take the lead. Standard Chartered advises investors to overallocate stocks and gold in their basic portfolios, while focusing on the technology, healthcare, and communications industries for Chinese assets. In the basic allocation, Standard Chartered Bank suggests overallocating US, Indian and Chinese stocks, emerging market bonds, and gold, while under-allocating European, British, and Japanese stocks. Standard Chartered believes that China may introduce more decisive but targeted stimulus measures in 2026. In particular, the release of the “15th Five-Year Plan” plan proposal focuses on speeding up investment in advanced technology to enhance autonomy and productivity. Standard Chartered still overstocks in China. Expected targeted policy stimulus, and strong profit growth related to the subject of artificial intelligence will provide strong support to the Chinese economy. Regarding gold, Standard Chartered Bank maintains an overallocation of gold. The target prices for 3 months and 12 months are 4,350 US dollars and 4,800 US dollars per ounce, respectively. Continued demand from central banks in emerging markets and a favorable macroeconomic environment are expected to maintain the rise in gold.