War may cause commodity price hike

By Angus Tulloch, head of global emerging markets at First State Investments International political developments, notably the uncertainties in the Middle East and the reinstatement of North Korea's nuclear programme, will inevitably play a major part in overall stock market trends. Initially a war in the Middle East is likely to have a negative effect on most, if not all, world stock markets. As an asset class, global emerging markets will be affected by a likely contraction of investors' appetite for risk. However, this should be compensated to some extent by a rise in the price ...