BNP Paribas Asset Management: During the fragile ceasefire window, global markets still face significant geopolitical risks

```htmlGolden Ten Data reported on April 10 that BNP Paribas Asset Management Senior Market Strategist Chi Lo stated in a research report that during the two-week fragile ceasefire window, global markets still face significant geopolitical risks. He pointed out that there are currently two possible scenarios facing the market: first, a renewed escalation of the conflict, which could disrupt navigation through the Strait of Hormuz and even the Bab-el-Mandeb Strait; second, a further de-escalation of the situation, which would help reopen the Strait of Hormuz and gradually restore global trade and energy supplies to normal. The strategist further noted that in the downside scenario, Iran could continue to block the Strait of Hormuz while also closing the Bab-el-Mandeb Strait. He added that this would evolve into a nightmare scenario for the global economy.```