Financial Markets Haven't Been This Calm Since Late 2014By
As risks subside around Britain’s referendum to leave the European Union, the election of President Donald Trump and France’s presidential ballot, financial markets are recovering their poise. Bank of America Merrill Lynch’s GFSI Market Risk Index, a measure of future price swings implied by options trading on global equities, interest rates, currencies and commodities, fell to the lowest since November 2014. A negative reading indicates less stress than normal, while a positive figure signals the opposite. The chart appeared first on Bloomberg’s Markets Live blog, click MLIV for more market commentary and analysis.