#StephenChiu, CFA Chief Asia FX And Rates Strategist At #BloombergIntelligence: "Never Disregard Geopolitical Risks: [Red Sea Turmoil Is An Example Of How Risk-On Conditions May Be Difficult To Sustain...]"

"Never Disregard Geopolitical Risks

The Red Sea turmoil might just be another example re why risk-on mood tend to be hard to sustained these years. Which is also why a sustainable dollar downtrend might take time to form ...

An excerpt from the Bloomberg Intelligence Asia FX 2024 outlook report:

'Geopolitical conflicts may persist in a scenario containing drivers like rising income inequality and protection of national interests – which tend to be exacerbated by massive monetary and fiscal stimulus across the globe. Meanwhile, the US-China trade spat in 2018-19, the Russia-Ukraine war in 2022 and the Israel-Hamas conflict in 2023 are good reminders that the geopolitical landscape might not improve [this] year ...'

For more, please read the full report written with Chunyu Zhang, CFA, FRM and being republished yesterday. Please click BIO Stephen Chiu on the Bloomberg terminal: '2024 Outlook: Asian Currencies' (terminal link: )

Geopolitical Risk Index Could Rise in 2024"

(Source: https://www.matteoiacoviello.com/gpr.htm; Bloomberg Intelligence)

#bloombergintelligence #fxtrading #geopolitics #dollar #asia #2024outlook

#StephenChiu, CFA Chief Asia FX And Rates Strategist At #BloombergIntelligence: "Never Disregard Geopolitical Risks: [Red Sea Turmoil Is An Example Of How Risk-On Conditions May Be Difficult To Sustain...]"

Subscribe to new posts