Global financial market sees major regional shifts, impacting economic powerhouses.
The global financial market is mostly concentrated in certain regions, but it's becoming less so over time. This is especially true for stock, bond, and asset markets, but not for foreign exchange. Foreign exchange markets are actually becoming more concentrated in key financial centers. This shift is due to these centers offering the best conditions for transactions. Overall, the dominance in the global financial market is changing regions, with factors like economic and technical conditions playing a role.