Global
Markets' Strength Doesn't Reflect Economic Outlook, Central Banks
Say
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Buoyant
financial markets are out of kilter with the shaky global economic and
geopolitical outlook, the Bank for International Settlements said in its annual
report published Sunday. The warning from the BIS, a consortium of the world's
top central banks, comes as financial markets--from stocks to bonds to
commodities--have been enjoying a broad-based rally in the first half of 2014,
reflecting investor optimism over expansionary central-bank monetary
policies.
全球金融市场表现与经济前景不一致
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国际清算银行在近日发布的年度报告中说，金融市场良好的表现与令人堪忧的全球经济和地缘政治前景之间形成反差。该行指出，包括股市、债市和大宗商品在内的金融市场在2014年上半年普遍上涨，反映出投资者对央行扩张性货币政策的乐观情绪。国际清算银行是一个由全球主要央行组成的国际合作组织。