There might be some modest positive impact but for the market overall this is not probably a big game changer. Gerhard Schwarz More Quotes by Gerhard Schwarz More Quotes From Gerhard Schwarz There is a good chance the euro would weaken again. Gerhard Schwarz company-news The market is still rather nervous, but I would expect that we are moving towards bottom-building in the equity market. The concerns of the Brexit are reflected quite well in share prices so the question is how much pain will be before a relief. It's probably still a little bit away, it will also depend on a rebound in banks as the systemic risk due to Brexit is certainly a concern and credit risks coming from Italy are weighing on the sector. Gerhard Schwarz company-news In the short term it will add to the volatility but in the longer term it might actually reduce it because nobody will have to rush for an exit. Gerhard Schwarz company-news The encouraging news is that it seems to be some stabilisation in the Chinese economy. Gerhard Schwarz company-news But until that happens I don't really think low interest rates for three months longer will do the trick. Gerhard Schwarz company-news We are in an environment where you have a lot of volatility in the market and there is a Federal Reserve meeting, which may provide further hints about a U.S. rate hike cycle. The market is still in a wait-and-see attitude. Gerhard Schwarz company-news
