BIS Quarterly Review, June 2010
14 June 2010
The BIS Quarterly Review for June 2010, attributes the recent surge in volatility in global financial markets to a loss of investor confidence due to fiscal concerns and the risk of weaker growth. The European rescue package bought a temporary reprieve from contagion in euro sovereign debt markets, but market concerns about the economic outlook remain.
Quarterly Review boxes
International banking and financial market developments