A wobbly Deutsche Bank last week, from Friday:
- Yesterday, shares of Deutsche Bank fell 6% in US trading, today they’re down another 10.6%.
JPM are not bothered though, saying (in brief):
- the recent widening of CDs is in our view related to one-way trade of de-0risking across all market participants
- we are not concerned today about counterparty, liquidity issues
JPM comments from Friday.
This article was originally published by Forexlive.com. Read the original article here.