Syndicate content

Global financial markets

Watch out for SIFIs - One size won't fit all

Ahmed Rostom's picture

 
The failure of SIFIs could set off a global financial disaster  (Credit: istock photo, BrianAJackson)

The Global Financial System can’t stand another systemic shock. Even as efforts are rallying to accelerate the recuperation of global financial systems, regulators should remain vigilant for possible deterioration. Restoring financial stability through recovery plans and extended interventions using public funds mandates closer monitoring of the financial markets as well as additional measures to minimize the likelihood and severity of potential outcomes if systemically important financial institutions (SIFIs) were to fail.

Prospects Daily: Global equities decline after US budget talks stall and US consumer confidence falls

The Prospects Daily will be on Winter recess and will resume on

Wednesday January 2nd, 2013.

Prospects Daily: Financial market volatility is at its lowest since 2007

Important developments today:

1. Financial market volatility is at its lowest since 2007

2. US manufacturing activity remains resilient amid contraction in Eurozone

Prospects Weekly: Global financial markets are eager for policy action

Global financial markets are eager for policy action. Bond yields for high-spread Euro Area sovereigns remain high, but eased somewhat this week with successful bond issuances by France and Spain and optimism that EU leaders will reach agreement to resolve the debt crisis at the forthcoming December 9th EU summit.