End Of Lower Interest Rates In Europe Begins

European central banks are partially tightening financial conditions, a Deutsche Bank report observes, a move that would imply “higher volatility, lower equities, higher real rates and wider credit spreads.” Typically, a rising interest rate environment would also spark a rally in the correlated currency market, but this might not happen this time as lower interest rates end, the report predicted, pointing to numerous regions addressing the same issues at the same time. [dalio] Lower Interest Rates – Central bankers are explicit it sends a message There has been an oddly subsuming low volatility market environment that has been the subject…