PANews reported on March 1st that, according to Jinshi, Christopher Wong, a strategist at OCBC Bank in Singapore, stated: "With markets poised to open on MondayPANews reported on March 1st that, according to Jinshi, Christopher Wong, a strategist at OCBC Bank in Singapore, stated: "With markets poised to open on Monday
OCBC Bank analysts predict safe-haven assets may gap up on Monday.
PANews reported on March 1st that, according to Jinshi, Christopher Wong, a strategist at OCBC Bank in Singapore, stated: "With markets poised to open on Monday, the Iranian conflict has increased geopolitical risk premiums. The initial market reaction is largely predictable: safe-haven assets such as gold may gap up, while oil prices may also strengthen due to concerns about supply disruptions. Risk assets and high-beta currencies... may face initial volatility, especially if news reports suggest potential retaliation or regional spillover effects."
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