This document appears to be a financial market report containing the following information: 1. Daily performance numbers for various stock market indexes around the world, bond yields and commodity prices. 2. Economic indicators such as PMI and GDP figures for different countries. 3. Comments from government officials on current economic and policy issues. 4. Company-specific news like earnings reports and M&A activity. 5. Charts showing historical trends in interest rates, credit spreads, and other financial metrics. The document provides a snapshot of movements in global markets and the latest economic data and events impacting the financial industry.

1. 07 August
2020

3. PAGE 2
•
10
0.5362%
10
-0.531%
•
0.7% 476
0.88% 555
•
1.6%
650
9.45%
0.47%
Bloomberg 2020/8/6
1.51
1.33
1.23
2.37
1.70
2.91
2.65
3.95
2.58
2.33
2.38
2.61
2.31
3.91
2.78
3.61
-0.47
0.05
0.15
0.43
0.54
0.58
0.70
0.70
0.71
0.75
0.76
0.84
0.85
0.88
0.90
1.60
ESG ( )
-
-
% %

4. PAGE 3
•
•
S&P 500 3.17%
•
600
0.83%
•
225 0.35%
300
2.29%
•
0.19%
Bloomberg 2020/8/6
2.54
5.24
3.40
-1.30
4.22
-2.35
-4.89
6.58
-1.11
4.35
1.98
0.04
4.24
5.14
5.33
2.83
-2.61
-0.84
0.19
0.35
0.77
0.83
1.04
1.50
1.71
2.27
2.29
2.33
2.41
3.09
3.17
4.06
MSCI
BOVESPA
BAML
Nikkei 225
SENSEX
600
H
DAX
MSCI
300
MSCI
MSCI
MSCI
S&P 500
RTS
% %

5. PAGE 4
•
OPEC+ 8
• 7 31 EIA
737.3 ( )
335
Bloomberg 2020/8/6
1.62
-2.64
-10.17
5.71
1.32
8.75
5.47
4.62
3.25
15.63
8.56
16.92
-5.34
-1.91
-1.43
0.75
2.53
3.34
4.08
5.01
5.09
5.46
5.48
5.49
LME
LME
CRB
LME
LME
% %

6. PAGE 5
• 74 65
10 16
27
• 170
147 31
5
Bank of America Merrill Lynch EPFR 2020/8/6
Weekly FICC flows as % AUM

8. PAGE 7
• Steven
Mnuchin
2020 2030 3.4
10 1
7
1200
• (ISM)
7 PMI 54.2
2 7 (PMI)
58.1( 2)
2019 2 18
15
5
• Michael Pompeo
(Clean Network)
App Trump
45 TikTok Wechat
( 2) ISM
( 1) S&P 500
Bloomberg 2020/8/6

9. PAGE 8
Bloomberg 2020/8/6
( 1)
( 2) ( )
•
( 1)
•
150
Triumph
Group Apache Corp
Howard Hughes Corp
• 88%
S&P 500 2
8
Roku Beyond Meat
Uber CVS
• 8 1
119 ( 2) 20
100

10. PAGE 9
• 2 GDP
12.1%( 1)
15%
•
0.1% 7,450
-14% -9.5%
• 7 600
5
(Siemens) (Commerzbank)
Ahold Delhaize
BMW (Allianz)
• 6 27
3699 1.2%( 2)
16.2%
( 1) GDP( %)
( 2) ( %)
Bloomberg 2020/8/6

11. PAGE 10
( 1) Markit PMI
( 2)
Bloomberg 2020/8/6
• 7 Markit PMI
52.8( 1) 2011
1 9
7 PMI
58.4 54.1 3
PMI 55.7 54.5
• 2020
• 4%
1
Das
•
1 2%( 2)

13. PAGE 12
Bloomberg 2020/8/7
/ /
8/10 8 Sentix - -18.2
8/10 7 CPI( ) 2.4% 2.5%
8/10-8/15 7 1175.65b 1810.0b
8/11 7 NFIB 98.2 100.6
8/11 8 ZEW - 59.6
8/11 6 ¥114.66b ¥1176.8b
8/11 6 ( ) -23.1% -
8/12 7 CPI( ) 0.7% 0.6%
8/12 7 ( ) -10.3% -20.9%
8/12 7 CPI( ) 6.3% 6.1%
8/12 6 ( ) - -7.2%
8/14 8 ( ) 71.8 72.5
8/14 7 ( ) 1.9% 7.5%
8/14 2 GDP( ) -15.0% -15.0%
8/14 7 ( ) 4.7% 4.8%
8/14 7 ( ) -0.3% -1.8%
8/14 - 5.00%

14. PAGE 13
Bloomberg ICE (Yield to Maturity)
Option Adjusted Spread Z-Spread to Worst * ICE
2.0
2.5
3.0
3.5
4.0
4.5
5.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 1.86 (8/6)
0
50
100
150
200
250
300
350
400
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 127 (8/6) 5 : 131
4.5
5.0
5.5
6.0
6.5
2013 2014 2015 2016 2017 2018 2019 2020
: 4.68 (8/6)
/ /
200
300
400
500
600
700
2013 2014 2015 2016 2017 2018 2019 2020
: 427 (8/6) 5 : 358

15. PAGE 14
Bloomberg (Yield to Maturity)
Option Adjusted Spread Z-Spread to Worst
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 6.21 (8/6)
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 5.91 (8/6)
/ /
200
400
600
800
1,000
1,200
1,400
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 555 (8/6) 5 : 482
200
400
600
800
1,000
1,200
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 476 (8/6) 5 : 453

16. PAGE 15
Bloomberg J.P. Morgan - (Yield to
Maturity) Option Adjusted Spread Z-Spread to Worst
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 4.43 (8/6)
2.0
4.0
6.0
8.0
10.0
12.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 7.23 (8/6)
/ /
200
400
600
800
1,000
1,200
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 476 (8/6) 5 : 396
100
300
500
700
900
1,100
1,300
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 697 (8/6) 5 : 494

17. PAGE 16
Bloomberg J.P. Morgan (EMBIG) J.P. Morgan (CEMBI)
(Yield to Maturity) Option Adjusted Spread Z-Spread to Worst
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 4.91 (8/6)
2.0
3.0
4.0
5.0
6.0
7.0
8.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 4.42 (8/6)
/ /
200
300
400
500
600
700
800
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 436 (8/6) 5 : 368
100
200
300
400
500
600
700
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 371 (8/6) 5 : 322

18. PAGE 17
Bloomberg J.P. Morgan (JACI) (Yield to
Maturity) Option Adjusted Spread Z-Spread to Worst
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 7.78 (8/6)
2.0
3.0
4.0
5.0
6.0
7.0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 3.64 (8/6)
/ /
200
400
600
800
1,000
1,200
1,400
1,600
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 733 (8/6) 5 : 582
100
150
200
250
300
350
400
450
500
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 264 (8/6) 5 : 217

19. PAGE 18
Bloomberg 12
/ /
8
10
12
14
16
18
20
22
2008 2010 2012 2014 2016 2018 2020
: 20.7 (8/6) 5 : 16.0
8
10
12
14
16
18
20
22
24
2008 2010 2012 2014 2016 2018 2020
: 22.3 (8/6) 5 : 17.1
6
8
10
12
14
16
18
20
2008 2010 2012 2014 2016 2018 2020
: 18.0 (8/6) 5 : 14.6
10
12
14
16
18
20
22
24
2012 2013 2014 2015 2016 2017 2018 2019 2020
: 19.9 (8/6) 5 : 16.2

20. PAGE 19
Bloomberg 12
4
6
8
10
12
14
16
2008 2010 2012 2014 2016 2018 2020
: 15.3 (8/6) 5 : 12.0
0
5
10
15
20
25
30
35
2008 2010 2012 2014 2016 2018 2020
: 14.3 (8/6) 5 : 12.0
5
10
15
20
25
2008 2010 2012 2014 2016 2018 2020
: 21.6 (8/6) 5 : 17.5
5
10
15
20
25
2008 2010 2012 2014 2016 2018 2020
: 18.7 (8/6) 5 : 12.2
/ /

21. PAGE 20
Bloomberg
0
20
40
60
80
100
2008 2010 2012 2014 2016 2018 2020
: 22.65 (8/6) 5 : 17.14
0
50
100
150
200
250
300
2008 2010 2012 2014 2016 2018 2020
: 42.6 (8/6) 5 : 63.4
50
60
70
80
90
100
110
120
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
: 55.0 (8/6) 5 : 64.9
200
300
400
500
600
700
800
900
1,000
2013 2014 2015 2016 2017 2018 2019 2020
: 389 (8/6) 5 : 384
/ /

22. PAGE 21
Bloomberg
* 50% +50%
0%
5%
10%
15%
20%
25%
30%
35%
40%
'15/8/6 '16/8/6 '17/8/6 '18/8/6 '19/8/6 '20/8/6
-15%
-5%
5%
15%
25%
35%
45%
'15/8/6 '16/8/6 '17/8/6 '18/8/6 '19/8/6 '20/8/6
-5%
5%
15%
25%
35%
45%
'15/8/6 '16/8/6 '17/8/6 '18/8/6 '19/8/6 '20/8/6
-10%
0%
10%
20%
30%
40%
'15/8/6 '16/8/6 '17/8/6 '18/8/6 '19/8/6 '20/8/6
5 1
34.0% 0.2%
28.3% 0.1%
5 1
33.8% 0.8%
30.7% 0.1%
5 1
33.9% 0.5%
29.5% 0.1%
5 1
32.5% 1.5%
25.5% 0.1%

23. PAGE 22
TR109217
PineBridge Investments IP Holding Company Limited
• /
•
•
•
108 001
104 144 10 (02)2516-7883
407 386 12 8 (04)2217-8168
802 6 17 1(A5 ) (07)335-5898