Not exact matches
«Between the
election date and the formation of a broad coalition, headline
risk will dominate, likely causing BTP (multi-year
Italian sovereign bonds) volatility,» the analysts said in a note.
Although recently rising prices for stocks, high - yield bonds, commodities and other riskier assets would suggest otherwise, investors remain skittish over the still unresolved and quite concerning
risks facing financial markets, such as the U.S. presidential
election, the potentially prolonged post-Brexit renegotiations,
Italian bank solvency and a slowing China.
The USD and JPY gained versus most currencies in a flight to perceived safe haven currencies driven by rising concerns about political
risk (Brexit,
Italian elections, Germany coalition talks) and an aggressive pace of Fed interest - rate hikes combined with signs of moderation in global economic data, albeit from high levels.