Inflation rate has done incalculable damage to the global economy and this will impact investment decision in this new year. Similarly, every financial instrument or other product denominated in a foreign currency is subject to exchange rate fluctuations. The famous Economic Intelligence Unit (EIU) has posited that commodities prices would recede in 2023 based on slow demand globally. However, in order to tame the investment red flags this year, a review of investment objective, risk tolerance and time horizon amongst others is necessary for an investor. • Oni, an integrated communications strategist, chartered stockbroker and commodities broker, is the chief executive officer, Sofunix Investment and Communications.

Source: The Guardian January 05, 2023 03:49 UTC