- Analytics
- News and Tools
- Market News
- Lagarde speech: More climate disasters to have repercussions on prices and on financial sector
Lagarde speech: More climate disasters to have repercussions on prices and on financial sector
“If more and more climate disasters, droughts and famines occur throughout the world, there will be repercussions on prices, on insurance premiums and on the financial sector,” European Central Bank (ECB) President Christine Lagarde said in an interview with Madame Figaro.
Additional comments
We can no longer rely exclusively on the projections provided by our models.
They have repeatedly had to be revised upwards over these past two years.
Not in favour of deglobalisation, but rather of a neo-globalisation based on principles other than being ever cheaper and ever faster.
Market reaction
Lagarde’s comments failed to move the needle around EUR/USD, as it continues to trade around 1.000, retaining 0.35% on the higher side.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
