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    Published on Tuesday, February 6, 2018 | Updated on Wednesday, February 7, 2018

    What is behind the recent movement in markets?

    Summary

    The fall of the stock markets, after accumulating strong appreciations, is taking place in an environment of excessive complacency. Fears of accelerating inflation and more aggressive rate hikes were the initial trigger but were precipitated by the sharp uptick in volatility. Going forward, inflation expectations and the reaction of central banks will be key.

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    BBVA Research BBVA Research

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    Update-mercados

    Spanish - February 6, 2018

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