'War and Markets', by Saxo Bank Chief Economist Steen Jakobsen

Saxo Capital Markets Australia

Multi-asset trading platform

'War and Markets', by Saxo Bank Chief Economist Steen Jakobsen. The price of energy is the simplest way to 'measure' geopolitical risk according to Jakobsen, as it is effectively a tax on the economy when high, and a discount when low. Jakobsen ponders the growing risk of wars and their impact on macro outlook, and warns of less growth and certainty in markets: The escalation of turmoil in the world is yet to play a role for the market, but be warned: everything economic has a delayed reaction of nine to twelve months - whenever there is an action there will be a reaction. If the present state of alertness continues through the summer you can bet on higher energy prices having a serious impact on not only world growth but also on markets. But don't ever forget that the real losers are the individual families losing loved ones. (VIEW LINK)

Saxo Capital Markets Australia
Multi-asset trading platform

Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....


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