IFC Markets' Perspective On The Future Of Financial Markets

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World Economic Outlook for 2023 by Ahura Chalki IFC Markets expert Ahura Chalki has conducted Global Economic Outlook 2023, an analytical study of the largest economies from east to west and brings you forecasts for the upcoming year. Gold Price Outlook: 2023 The positive backdrop can lift it to new records! Oil and Gas market prediction: 2023 3 Both products and energy stocks could be a good investment for 2023 Wall Street outlook: 2023 A challenging year with a cautious outlook US & US Dollar For 2023, since most central banks either will continue the rate hike or will hold the high rates, we will see a combination of more economic weakness, an increase in unemployment rates, more market volatility, and falling risky assets in line with inflation. Therefore, while downside risk in the near term seems more likely, the weakness will be more like a soft landing in the first half of the year.  China - Yuan We expect the Yuan rate to remain the same, as the government and PBoC are trying to keep the value of the Yuan at an acceptable level to both Chinese importers and exporters, which is between 6.40 and 7.20. EU and Euro Due to expected GDP, inflation, consumer spending, and the Labor market, the Euro can face more challenges in the first half of 2023, but it does not mean that the second half will be so bright. EURUSD is expected to move between 1.00 and 1.15 for the coming year. UK and Sterling We can expect a better labor market with only a more robust economic outlook. The unemployment rate is expected to rise further towards 4.5%-5.0% in the year's first half before recovering slowly in the second half. The UK unemployment rate at the end of 2022 stands at 3.70%. The sterling can still suffer, and it could last for the first three quarters, but we can expect a recovery in the last quarter of 2023 and the first quarter of 2024. Japan and Yen The Japanese Yen, the weakest currency in 2022, could have a bright future in 2023. The economy is increasing, and a return to the previous stability is widely expected. If you would like to read in more detail what's in the future for financial markets for 2023, we invite you to join us; login (or sign up if you are not registered with IFC Markets) and read the full Global Economic Outlook 2023 document available in your Private Area. Read Article     {signature}

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