Geopolitical risks remain high. The strategists of Danske Bank They talk about what needs to be taken into account in 2024.
Serious geopolitical disruptions and persistent tensions
We believe that 2024 could mark a turning point for political and military support for Ukraine, especially as elections are held in the US. US military support is critical, and if the war enters a stalemate phase, Ukraine could face increasing pressure to negotiate. A peace agreement would likely involve territorial concessions, posing long-term risks to European security.
Aside from the US elections in November, the key event next year will be the Taiwan elections on January 13, for relations between the United States and China. The DPP is the favorite to maintain power, but if the presidency were to go to the KMT, we could see a relaxation of tensions between China and Taiwan. The US election campaign is likely to lead to tougher rhetoric on China, and a potential Trump victory would put relations on a more unpredictable path..
The European Parliament elections in June will also be an issue to watch next year. The EP has legislative power and oversees the EU budget. Therefore, it is key to approving trade agreements and support packages for Ukraine.
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.
