ECB Financial Stability Review: Outlook for financial stability is fragile
In its bi-annual assessment of the Euro area financial conditions, the European Central Bank (ECB) highlighted on Wednesday, “the outlook for financial stability is fragile.”
Additional takeaways
History suggests soft landing difficult, but not impossible.
A weak economy heightens stability risks from hikes.
It's crucial to reach the EU deal on fiscal rules.
Shadow banks have very low liquidity buffers.
Market reaction
At the time of writing, EUR/USD is trading at 1.0895, down 0.12% on the day.
Reprinted from FXStreet_id,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.