The European Central Bank (ECB) warns that the stock market market repair of the past month is in the risk of constant geopolitical uncertainty.
In an attacker to the biennial ‘of the bank’Financial stability assessment“ECB Vice -President Luis de Guindos says that markets are still” very sensitive “to news about global trade schemes.
“Financial market functioning held up well during the recent sale. Despite the drawings, sharing values remain high, while credit spreads are still not synchronized with underlying credit risk. Open funds investing in business bonds have seen a number of outflow and do not seem to be well prepared for significant canaly fundsstresses this Liquidity stress. Can these funds be in more disorder in more disorder.
The ECB warns that the European economy has “pronounced” vulnerabilities for a possible trade war due to the integration in global supply chains.
The bank also says that it is unclear whether the Trump government is committed to international cooperation.
“Although it is difficult to predict the implications of these individual layers of uncertainty in medium to long term, they entail a broad risk of geo-economic fragmentation throughout the world, in turn, raising the probability of ever-frequent and impactful side effects of the United States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Ended States and some of the Evened States and some of the Ended States and some of the Evened States and some of the Evened States and some of the Songs. Number of United States and a number of the United States and a number of the United States and a number of the United States and a number of the United States and one of the United States and one of the United States are in the potential of the United States.
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