Top 10 market risks in the world today

CNBC-TV18.com

By Vivek Dubey

Published Nov 10, 2023

From escalating US-China tensions to potential European fragmentation, this analysis provides a comprehensive understanding of the factors shaping our financial future:

US vs China

Risk Level: High

Likely Impact: Negative for Taiwan dollar, equities, and China bonds.

Source: BlackRock Investment Institute

Major Cyber-attacks

Risk Level: High

Good For: US dollar. Bad for: US high yield utilities, US utilities sector.

Source: BlackRock Investment Institute

Major Terror Attacks

Risk Level: High

Good For: Germany 10-year government bond, Japanese yen. Bad for: Europe airlines sector.

Source: BlackRock Investment Institute

Russia-NATO Conflict

Risk Level: High

Good For: Brent crude. Bad for: Russian equities, Russian ruble.

Source: BlackRock Investment Institute

Gulf Tensions

Risk Level: High

Good For: Brent crude oil, VIX. Bad for: US high yield credit.

Source: BlackRock Investment Institute

Emerging Markets Political Crisis

Risk Level: Medium

Good For: Latin America consumer staples sector. Bad for: Emerging vs. developed equities, Brazil debt.

Source: BlackRock Investment Institute

North Korea Conflict

Good For: Japanese yen. Bad for: Korean won, Korean equities.

Source: BlackRock Investment Institute

Risk Level: Medium

Climate Policy Gridlock

Good For: Japanese yen. Bad for: Korean won, Korean equities.

Source: BlackRock Investment Institute

Risk Level: Medium

European Fragmentation

Likely Impact: Negative for EMEA hotels & leisure, Italy 10-year government bond, and Russian ruble

Source: BlackRock Investment Institute

Risk Level: Low

Global Technology Decoupling

Risk Level: High

Likely Impact: Negative for Chinese yuan, US investment grade, Asia ex-Japan electrical equipment.

Source: BlackRock Investment Institute