- Lagarde speech: More climate disasters to have repercussions on prices and on financial sector
Notícias do Mercado
25 agosto 2022
Lagarde speech: More climate disasters to have repercussions on prices and on financial sector
“If more and more climate disasters, droughts and famines occur throughout the world, there will be repercussions on prices, on insurance premiums and on the financial sector,” European Central Bank (ECB) President Christine Lagarde said in an interview with Madame Figaro.
Additional comments
We can no longer rely exclusively on the projections provided by our models.
They have repeatedly had to be revised upwards over these past two years.
Not in favour of deglobalisation, but rather of a neo-globalisation based on principles other than being ever cheaper and ever faster.
Market reaction
Lagarde’s comments failed to move the needle around EUR/USD, as it continues to trade around 1.000, retaining 0.35% on the higher side.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal