Global economic turbulence predicted for Q4 2023 and beyond

Source: Pexels

This trend will remain stable in 2023 and 2024, potentially triggering regional disintegration. It can lead to an increased allocation of safe-haven assets like gold, making them a favourable investment target for the near future.

Thus, in Q4, particular attention should be paid to European and American stock indices, as seasonality may provide significant support, and shares (especially on American exchanges) may rise. Nevertheless, the risks of continued decline may remain present even in 2024.

Consequently, in Q4, oil and gas prices are expected to remain stable or experience local fluctuations, potentially affecting global markets.

FBS analysts indicate that financial markets will be challenged by political actions toward energy supplies and the development of monetary and migration policies for the rest of 2023 and beyond. Thus, traders should focus on agile trading strategies, exploit seasonality trends, and focus on defensive assets and mid-to-low volatility stocks.