The Outlook Ahead -Market Watch Live

Market Watch Live: Turbulence in Global Markets: Causes, Effects and Consequences

07 August 2024 • 4:00 P.M. SGT

A sharp appreciation in the Japanese Yen and the unwinding of crowded risk assets positioning is setting off significant global market volatility. Once the best performing equity market in 2024, the Nikkei 225 Index has sharply corrected more than 20% in a matter of weeks. The rally in the dominant technology sector appears to be losing momentum alongside waning US dollar strength, while safe havens such as US Treasuries catch a firm bid. At the same time, rising uncertainties relating to US recession risks and the US Presidential election, and a reality check on AI’s potential are coming to the forefront. How do we see the recent turbulence in markets unfolding, and is the global outlook intact? How should investors be positioned amid these complex forces?

07 August 2024
4:00 P.M. SGT

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