Commentary

Get ready for another volatile year

Slower economic growth and rising political risks will prove challenging in the year ahead

This has been a rough year for Asia: In US dollar terms, Asian equities are still down 11 per cent despite the recent bounce while Asian credits have fallen 1.8 per cent as of Dec 5.

Escalating US-China trade tensions, deleveraging in China and the desynchronisation of global growth which boosted the US dollar are largely to blame.

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A version of this article appeared in the print edition of The Straits Times on December 10, 2018, with the headline 'Get ready for another volatile year'. Print Edition | Subscribe