Fragile markets ahead

- Gareth Berry
- 30 Nov 2009

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Developments in Dubai that have shaken global financial markets will continue to dominate the headlines for the next few trading sessions. A combination of systemic risk fears and thin market liquidity due to the US holiday season has proven to be a combustible mix, and several currencies or currency blocs are feeling the impact. The wider fallout has simply revealed how fragile both markets and risk appetite still are.

Global asset markets turned highly risk averse last Thursday (November 26)

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