AMP Chief Economist: Under geopolitical pressure, global stock markets may see a pullback

WendyCS

2024-04-16 06:34:43

AMP-2,49%

Sina Financial News AMP Chief Economist Oliver said that global and Australian stock markets may see pullback, or there may be a more Fluctuation and constrained trajectory than so far this year. The main threat is Iran’s attack on Israel, which threatens to escalate the conflict in the Middle East, threaten oil supplies, and postpone interest rate cuts due to rising inflation. “The combination of overvalued valuations, high investor optimism and technically overbought conditions makes it vulnerable to further pullbacks,” Oliver said. Geopolitical risks, including events in the Middle East, delayed rate cuts, and the risk of a recession could all be triggers. ”

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments