Bank of England Says Global Financial Markets Risks Are ‘Material’

The Bank of England warned Wednesday that global financial markets risks were on the increase, owing to rising debt levels in China and political uncertainty in Europe.

  • A tightening U.S. dollar funding conditions are increasing risks in some emerging markets
  • Trade tensions between the U.S. and China, as well as rising corporate debt levels in both of the world’s biggest economies, are global vulnerabilities that are “material and have increased”.
  • “Political uncertainty led to sharp falls in Italian asset prices in late May. Asset prices have since partly recovered but the episode suggests rising risks in the euro area and underlines the vulnerabilities created by high public debt levels and interlinkages between banks and sovereigns in a currency union.”

SOURCE and More at:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close