Before the Italian President Sergio Mattarella rejected the proposed eurosceptic finance minister Paolo Savona, many market commentators were saying that a yield of 2.5% for 10-year Italian sovereign bonds is a key level for the European Central Bank...
Five 'radical' changes
Rising inflation a risk
Markets have benefitted from a co-ordinated global recovery, led by central banks operating in a synchronised manner.
Data from TrackInsight
Financial markets are heavily distorted by the unprecedented market presence of central banks. Markets have become extremely sensitive to changes in central bank actions.