Posted 1/10/2024, 4:17:00 AM
Global markets eye Taiwan election but tread cautiously amid geopolitical sensitivities
- Markets are closely watching Taiwan's presidential election due to its global implications, but are cautious about presenting views on the sensitive political issue
- The election is seen as one of the most important geopolitical events of 2024
- China is a major factor in the election with implications for cross-strait relations
- A senior economist at a major bank said it was "inconvenient" to comment on the Taiwan election topic
- The election has far-reaching significance but markets are shying away from taking a stance viewed as politically inconvenient