ESMA Chair on EU Market Volatility, Supervision

The European Securities and Markets Authority is closely monitoring market activity amid volatility in sovereign bond markets and high tech-stock valuations. In an interview on Bloomberg Daybreak Europe, ESMA's outgoing chair Verena Ross told Bloomberg's Stephen Carroll that there is a risk of "potential market corrections" but added that EU market infrastructure has remained “resilient”. They also discussed plans to improve European market integration. (Source: Bloomberg)

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