.jpg)
The European Securities and Markets Authority (ESMA) issued today its second Risk Dashboard 2015 for the EU's securities markets, covering the first quarter of 2015 (1Q15). In 1Q15, EU systemic stress remained at previous levels. Contagion, liquidity, and credit risk remained high but stable while market risk increased after having partially materialised already in the previous quarter.
The weak economic prospects, together with an intensified geopolitical uncertainty both inside and outside the EU led to an increase in volatility for most markets, signalling increasing market concerns. Going forward, key risk concerns in the EU include high asset valuations driven by search-for-yield, weak economic prospects, resurgence of public debt policy issues in a number of EU Members States, although to various degrees, and economic and geopolitical uncertainty in the EU’s vicinity.
