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<Research>CICC: Oil Prices Surge Amid Middle East Conflict; Short-Term Liquidity Crisis Heaps Selling Pressure on US Assets
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The Middle East conflict has primarily affected global oil prices, with different points and paths potentially having completely different impacts on various assets and China-US relations, CICC commented in its report. For the US, the rapid rise in oil prices has the greatest immediate impact on financial assets, and a short-term liquidity crisis will strengthen the USD, putting selling pressure on assets including US Treasuries. On the other hand, China doesn't face inflation issues but rather problems due to insufficient domestic demand and supply-demand imbalance, so the impact of the Iran situation is more on costs rather than inflation. AAStocks Financial News |
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