Sovereign Debt and Currency Risk: Implications for Investors
How does rising sovereign debt affect exchange rates, and when does fiscal pressure become a material risk for investors?
This webinar will examine the links between debt sustainability, sovereign spreads, monetary policy and currency markets within the euro area. It articulates around 3 papers published in top tier scientific journals, aiming at evaluating the fragmentation risk in the EMU. Particular attention will be paid to the euro area, where national fiscal risks interact with a shared currency.
The session will show how the fragmentation risk has evolved since the Great financial crisis and what the consequences for risk managers are. A moderated Q&A will follow the presentation.
Please note that the presentation must not be shared.
By watching the recording of this webinar, you are eligible to reward yourself 1 PL credit. You may do so in your CFA Institute Account.
