fxs_header_sponsor_anchor

News

Conflicts will continue to dominate geopolitics in 2024 – Standard Chartered

The incidence of violent conflict has been multiplying globally. Conflicts from Ukraine to the Middle East – and beyond – will dominate in 2024. Strategists at Standard Chartered report.

Global fragmentation will remain a central theme 

The war in Ukraine and the Israel-Hamas conflict will continue to have profound implications for global policy and geopolitics. They will demand significant policy bandwidth from major powers, most notably the US. In addition, they will further strain fiscal positions in the US and Europe (both directly and indirectly) at a time when fiscal and debt dynamics are increasingly constrained.

Recent conflicts are reinforcing the pre-existing trend of global fragmentation. As much of the developing world aligns itself against Israel and the US in the current conflict, this may weaken US efforts to increase its global influence, while strengthening the China-Russia axis.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.