Blog for Institutional Investors Market View 24.10.2023

Current economic and financial market outlook

Asset Management October 24, 2023
War in the Middle East fuels uncertainty
The most important facts in brief
  • Israel-Hamas war: The impact on the global economy depends primarily on whether the war spreads to other countries. A broader conflict would threaten the world economy primarily through rising inflation rates.
  • With the outbreak of the war oil and gold prices climbed.
  • "Higher for longer" the new motto of the central banks triggered a sharp rise in long-term interest rates.
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