Global Economy : New Risks

Global financial markets are being dominated by upbeat sentiments in the face of official statistics that show major economies are slowing. Market volatility in developed countries is on the slide as the attractiveness of developing countries' assets is on the rise. However, economic agents' excessive optimism may be a signal of developing risks on the back of high political and economic uncertainty that comes primarily from the USA, UK and China. There is a series of factors that may lead to capital outflows from emerging markets and to a correction of the value of financial assets