ECB: Geopolitical uncertainties present a growing risk to the Euro area economic outlook
|The latest headlines are crossing the wires from the European Central Bank (ECB), as cited by Reuters.
The current aggregate level of non-performing loans (NPLs) remains elevated by international comparison.
Banking supervision will, therefore, continue its effort to address the stock of NPLs.
Geopolitical uncertainties present a growing risk to global financial markets and to the economic outlook within the euro area.
The risk of an abrupt and significant repricing in financial markets has increased since last year.
EUR/USD keeps its range near daily lows of 1.0962, downed by weak German Factory Orders data and trade risks.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.