Global liquidity conditions continue to be abundant, providing a supportive backdrop for financial markets worldwide. This excess liquidity stems primarily from the ongoing accommodative monetary policies implemented by major central banks in response to persistent economic uncertainties. These policies, characterized by low interest rates and quantitative easing measures, have injected substantial amounts of capital into the financial system.

The prevailing expectation is that these accommodative monetary policies will remain in place for the foreseeable future. This expectation is based on the assessment that economic growth, while present, remains fragile and uneven across different regions. Central banks are therefore inclined to maintain the current policy stance to ensure continued support for economic recovery.

The abundance of liquidity is expected to continue to exert upward pressure on asset valuations across various asset classes, including equities, bonds, and real estate. Investors, seeking higher returns in a low-interest-rate environment, are likely to continue allocating capital to these asset classes, further driving up prices.