OCBC Bank warns: Safe-haven assets set to surge, risk currencies face initial volatility
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⑴ Strategists at Singapore's OCBC Bank stated that this crackdown has increased the geopolitical risk premium, and the market will face this situation before the opening on Monday. The short-term reaction can be roughly anticipated: safe-haven assets such as gold may see upside potential, and oil prices may also rise due to concerns over supply disruptions. ⑵ Risk assets and highly volatile currencies may experience initial fluctuations, especially if news reports indicate possible retaliatory actions or regional chain reactions. The market is closely monitoring further developments.
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