Invesco: The stronger-than-expected US dollar may pose adverse factors for emerging market assets

Zhitong
2024.12.20 07:19
portai
I'm PortAI, I can summarize articles.

Invesco Asia-Pacific Global Market Strategist Zhao Yaoting pointed out that a strong US dollar may have adverse effects on emerging market assets. The Federal Reserve's hawkish rate cuts exceeded expectations, and the market reacted significantly to the dot plot forecast, but caution is needed regarding its accuracy. Invesco expects that the easing policy will continue, but it will be more gradual, and the global economy will accelerate next year, with risk assets performing well. However, the rebound in inflation is an uncertain factor, and attention should be paid to the Federal Reserve's monitoring of the labor market and policy impacts