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It’s red across the screen in markets as Asia kicks off a new trading session this week. And that’s as traders are concerned Israel’s expected ground offensive against Hamas in Gaza could spark a regional war, embroiling other Middle East Nations, including Iran. Now if that happens, it has the potential of fueling another round of inflation pressures. And it could even tip the global economy in a recession. What would that mean for stock markets? What risks should investors be wary of? On Money in the Market, Hongbin Jeong speaks to Wong Kok Hoong, Head of Equity Sales Trading, Maybank Securities, to find out how markets are faring to kick start the week on the back of the conflict.
See omnystudio.com/listener for privacy information.
It’s red across the screen in markets as Asia kicks off a new trading session this week. And that’s as traders are concerned Israel’s expected ground offensive against Hamas in Gaza could spark a regional war, embroiling other Middle East Nations, including Iran. Now if that happens, it has the potential of fueling another round of inflation pressures. And it could even tip the global economy in a recession. What would that mean for stock markets? What risks should investors be wary of? On Money in the Market, Hongbin Jeong speaks to Wong Kok Hoong, Head of Equity Sales Trading, Maybank Securities, to find out how markets are faring to kick start the week on the back of the conflict.
See omnystudio.com/listener for privacy information.
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