The past year represented another turbulent time for financial market participants, characterised by bullish sentiment rapidly giving way to bearish reversals. A case in point occurred in the second quarter of this year, when the sovereign debt crisis in some peripheral eurozone countries caused shockwaves in the fixed-income markets, sent the euro plunging against major currencies and sparked a collapse in equity markets. Subsequently, many of these losses were reversed.
Meanwhile, the shift to
The week on Risk.net, July 14–20, 2017Receive this by email