BoE's Bailey warns G20 that global risks have "crystallised"
Source Fxstreet
Bank of England (BoE) Governor Andrew Bailey warned finance ministers of the G20 group of countries that despite overall sturdy global market conditions, downside economic and political risks have likewise hardened recently.
Key highlights
Since April, market conditions have improved and asset prices have recovered.
We have seen further economic and geopolitical risks crystallise and global debt vulnerabilities remain high.
Uncertainty continues to weigh on growth expectations.
We need to remain vigilant to the risk of disruptive market moves.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Robert Kiyosaki, author of “Rich Dad Poor Dad,” stepped back into the Bitcoin market with a bold move. According to his tweet on July 11, he purchased another Bitcoin at $110,000. Related
After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency appears to be taking a breather. As of the time of writing, Bitcoin
Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
The AUD/USD pair extends the decline to around 0.6565 during the early Asian session on Monday. The Australian Dollar (AUD) weakens against the Greenback after US President Donald Trump steps up fresh tariff threats.
Gold Price Forecast: XAU/USD climbs above $3,350 as Trump rekindles trade tensionsThe Gold price (XAU/USD) extends its upside to around $3,365 during the early Asian session on Monday. The precious metal edges higher as traders rushed toward the traditional safe-haven assets after US President Donald Trump widened the global trade war with a fresh wave of tariffs.
The Gold price (XAU/USD) extends its upside to around $3,365 during the early Asian session on Monday. The precious metal edges higher as traders rushed toward the traditional safe-haven assets after US President Donald Trump widened the global trade war with a fresh wave of tariffs.
