Huatai Securities: The US dollar and oil prices have been stronger than expected this year, while global liquidity has been more limited than anticipated.
ChainCatcher news, according to Golden Ten Data, a research report from Huatai Securities indicates that the current duration of the Middle East conflict and its impact on global supply and demand have exceeded a “temporary” shock, causing actual disruptions to capital and supply chains. It is expected that the US dollar and oil prices will be stronger than anticipated this year, while global liquidity will be looser than expected, and the room for valuation increases will also be below expectations. The market may experience a psychological process from following the news to returning to fundamentals, with more focus on material shortages, supply chains, and cash flow risks. Huatai Securities suggests maintaining a certain level of caution towards volatility.
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