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The summer lull is officially over – and financial markets are waking up to a new reality. After a brief stumble in early August triggered by weak US labour data and fresh Trump tariffs, markets have held up surprisingly well. Measures of implied volatility are (still) close to record lows. But don’t be fooled – calm waters may be hiding a storm beneath.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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