Geopolitical risks intensify, the US dollar may become the ultimate winner
ChainCatcher news, according to Golden Ten Data, analysts at Capital Economics pointed out that as the Iran conflict evolves, global financial markets may be impacted by fluctuations in investor risk appetite. If the conflict intensifies, government bonds may not provide reliable safe-haven protection, and expectations for monetary easing may be postponed. The US dollar may continue to strengthen, mainly due to the termination of interest rate cuts making relative yields favorable to the dollar, as well as the United States' status as a net energy exporter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreJPMorgan: If passage through the Strait of Hormuz is blocked for 3-4 weeks, crude oil prices could be pushed above $100 per barrel
HudBay Minerals Inc (stock code: HBM) announced it will acquire Arizona Sonoran for $1.48 billions. Following this news, its US-listed shares fell 1.8% in pre-market trading.
