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BOE: Perceived likelihood of no-deal Brexit has risen

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Written By: Nikolas Papas

Reviewed By: Alejandro Zambrano

Jul 11, 2019, 11:06 BST 11:06

Summary:

In its Financial Stability Report (FSR), the Bank of England warns of the risks of a no-deal Brexit and global financial vulnerabilities. Here are the

In its Financial Stability Report (FSR), the Bank of England warns of the risks of a no-deal Brexit and global financial vulnerabilities. Here are the highlights:

Perceived likelihood of no-deal Brexit has risen.
Market volatility will increase after a disorderly Brexit.
No-deal Brexit could cause material economic disruption.
UK banks have enough capital to handle a disorderly Brexit.
Sees risks in high debt levels, and corporate leverage.
Foreign investment to commercial real estate and leveraged loans has fallen 60%-80% in first quarter of 2019.
Mismatch in open-ended funds could pose systemic risks
Central bank will review how to address the issue of liquidity mismatch

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Written By: Nikolas Papas

Reviewed By: Alejandro Zambrano

Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities Skills: Technical Analysis · forex · Stocks · Crypto · Writing