What would happen if the greatest threat to global markets was not a clash in oil prices, but a prolonged conflict that leads to a greater participation of the US. UU. In the war effort, with final implications for defense spending and, therefore, for fiscal perspectives, says Daniel Ghali, senior strategist of raw materials of TDS.
Markets face a deeper risk for the war participation of the United States.
“Gold remains as the expression of less risk of geopolitical coverage in the Middle East.”
“The option of additional price increases now seems excessively cheap, with potential catalysts ranging from safe refuge flows linked to greater geopolitical climbing, trimmed cuts of interest resumed in case of a complete change in commerce, an standing environment in case the commercial war continues, challenges to credibility of the Central Bank with the mandate of President Powell coming to its end in a year or pressures. resume of depreciation of Asian currencies. ”
“We see echoes of January 2024, even when gold prices remain only a slight decrease below the historical maximums.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
