Market Comment | Positive OPEC deal overshadowed by concerns on Deutsche Bank
Published on Friday, September 30, 2016 | Updated on Friday, September 30, 2016
Market Comment | Positive OPEC deal overshadowed by concerns on Deutsche Bank
Summary
This week started with a significant increase in market volatility, particularly in Europe (V2X +20%, VIX +15%), triggered by renewed concerns about Deutsche Bank. This time around due to worries about the impact of a potential US$14 billion fine announced by the US Department of Justice (DoJ). Although the final amount of the fine remains […]
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BBVA Research
BBVA Research