Is the volatility episode over?

Genevieve Signoret & Patrick Signoret

Equity

• These 5-day moving averages of global stock market indices show that it’s premature to call the volatility episode over.
• European stock indices have fallen in local currency terms. Additionally, and exacerbating things for dollar-based investors, the euro is on a downward trend against the dollar.

These 5-day moving averages of global stock market indices show that it’s premature to call the volatility episode over

European stock indices have fallen in local currency terms. Additionally, and exacerbating things for dollar-based investors, the euro is on a downward trend against the dollar.