The recent surge in global oil prices is expected to be a short-term disruption lasting only four to six weeks, according to Standard Chartered, which remains “overweight” on equities and gold despite ongoing geopolitical tensions.
Speaking at a virtual media roundtable, Manpreet Gill, chief investment officer for Africa, Middle East, and Europe at Standard Chartered, shared the bank’s second quarter global market outlook, highlighting a “scenario-based approach” to the current volatility .
