DBS: Escalation of Syria conflict could act as “new driver” for equities to trade lower

11 April 2017 | 3 minutes read

Despite its long-standing argument that “geopolitics usually do not throw markets off their prior trajectories”, DBS believes that the absence of market drivers, together with deteriorating political relations, will mean rising tensions in Syria could drag equities lower. Most major markets ended flat or marginally lower last Friday despite extensive coverage of the Syria attacks. The bank believes the US…

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