The year 2024 ends with a rising volatility across the globe, as uncertainties rise over the US policy direction ahead of the inauguration of the newly-elected US President, Donald Trump on Jan 20th, 2025.

Global inflation stabilizes globally and many nations have reduced interest rates to stimulate growth. However, persistent risks like geopolitical tensions and market volatility continue to cloud the recovery. Trump's return to office adds an element of uncertainty with his expansionary fiscal policies and protectionist trade policies.