Blog post by Benjamin Böninghausen and Florian Hartmann | Geopolitical tensions and trade policy uncertainty are injecting unpredictability into global financial markets. What seems like rock-solid market sentiment today can turn into jitters tomorrow. In this ECB Blog, we present a new risk appetite indicator to systematically track such shifts in market sentiment. Market swings – important beyond the trading floor Central banks need to keep an eye on market sentiment as it signals what investors think about the future. Investors’...

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Blog post by Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko, Geoff Kenny and Justus Meyer | Military and diplomatic conflicts harm economic growth. This ECB blog shows that the expected length of wars matters for how strongly they weigh on consumer sentiment. Geopolitical tensions not only distress financial markets, but they can also make consumers worry about their personal financial future and the economy at large. Data from the ECB’s Consumer Expectations Survey (CES) suggests both notable concerns about geopolitical tensions and signs of deteriorating...

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Sustainability is at the core of Mannheimer Swartling’s operations. Through our advisory services, community involvement and internal initiatives, we strive to contribute to positive, long-term development. In our 2024 Sustainability Report, we share how we are addressing today’s challenges and opportunities to create value for our clients, society and our own organisation. 2024 was marked by ongoing global challenges, with geopolitical conflicts and economic uncertainty reminding us of the importance of cooperation and long-term sustainability. Our greatest opportunity to make...

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ECB designing high privacy standards to make online and offline digital payments as close as possible to cash transactions ECB started work on designing methodology for calibrating digital euro holding limits ECB continues to provide technical input to legislative discussions with European co-legislators The European Central Bank (ECB) today published its first progress report on the digital euro preparation phase, which was launched on 1 November 2023 with the aim of laying the foundations for the potential issuance of a digital euro. The...

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As part of the comprehensive fourteenth package of sanctions adopted earlier today, the Council decided to impose restrictive measures on an additional 69 individuals and 47 entities responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. Today's new listings target several businesspersons, propagandists and public figures, members of the army and the judiciary, persons responsible for deportation of Ukrainian children, as well as members of the Federal Security Service of the Russian Federation (FSB) involved in religious persecution in...

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In this week’s Roar: chances increase for a rail strike in Canada, U.S. freight trends, the 2023 State of Logistics Report, diesel prices on the way up, and details from a new Gartner report. The potential for a rail strike in Canada has increased. Final submissions to the Canada Industrial Relations Board (CIRB) from rail companies and the union — Teamsters Canada Rail Conference — reveal that neither believe a strike would disrupt essential services or cause any serious safety issues. However,...

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G7 Leaders reach agreement on Ukraine, Middle East and AI The 50th G7 Summit was held in Borgo Egnazia (Fasano) Apulia, it’s on 13-15 June 2024. Those in attendance included the Leaders of the seven member States, as well as the President of the European Council and the President of the European Commission representing the European Union. Sharing a belief in democratic principles, universal human rights, social progress, respect for multilateralism and the rule of law, they met to reaffirm their unity and determination...

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Euro’s share across various indicators of international currency use remained above 19% Vigilance needed against any cracks that may appear in the international monetary system Deeper European economic and financial integration, together with enhancements in cross-border payment systems between the euro and other currencies pivotal to the international role of the euro The international role of the euro remained broadly stable in 2023. The share of the euro across various indicators of international currency use remained above 19%, close...

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