新闻中心/瑞联卓见

Equity markets welcomed Trump’s 90-day tariff truce by rebounding swiftly. However, we are maintaining a wait-and-see stance during this pause, while hedging against potential US dollar weakness by increasing our exposure to gold.

On 9 July, President Trump’s 90-day tariff suspension is set to expire. What will this mean for investors?

Since early November 2024, the gold price has risen from USD 2,600 to highs of above USD 3,500 per ounce. The precious metal received additional support in early February when investors realised that Donald Trump was serious about his tariff programme.

More than six months into her role as region head for North Asia at UBP, Teresa Lee is wasting no time making her mark across the markets of Mainland China, Hong Kong, Taiwan – and even the Philippines.

Tactical risk management helped us ride out one of the sharpest market dips since 2020. Gold and cash remain reliable safe havens.

The banking sector has undergone major shifts in the past few years. The takeover of Credit Suisse by UBS, considerable redundancies at major financial institutions and ongoing cost-cutting have made the job market increasingly competitive.

The tariffs announcement by US President Trump last Wednesday evening exceeded most expectations, raising the average tariff on US imports from 2.5% to 24%, a level not seen since the 1930–40s.

They are increasing affluence through careers, entrepreneurship, investments and savy wealth management.