Europe: ESMA says securities market risk 'very high'

The European Securities and Markets Authority has published its second Trends, Risks and Vulnerabilities Report on European Union Securities Markets for 2015 and its third risk dashboard of the year: see, respectively, here (pdf) and here (pdf). ESMA notes that market risks have increased and it has raised its risk indicator to 'very high', its highest level. The increase in risk is attributed to high volatilities and fluctuating performances across asset classes.