Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Gilt market meltdown – a first post mortem and key takeaways

The gilt crash in the UK was not a repeat of the Eurozone sovereign debt crisis, but rather a liquidity-induced market accident that put financial stability at risk.

Eurozone public debt: The interest rates reality check

In recent years, Eurozone governments borrowing more and more seemed to matter less and less as falling interest rates made high and rising debt levels less burdensome.

Reverse currency war puts emerging markets at risk

The increasingly hawkish US Fed has triggered a “reverse currency war” as central banks tighten their stance more than would otherwise be necessary if inflationary pressures were less universal.