European stock markets crashed! Pressure increased on banks again
Europen Stock Markets Plunge: There has been continuous volatility in the European Stock Markets for some time now. Amidst this instability, the European stock markets fell today. The reason for the European stock markets falling like this is related to the banks.
Volatility is currently going on in the stock markets around the world. European Stock Markets are also not untouched by this volatility. European stock markets have been witnessing a period of decline in the last few months. And today happened what all the investors of European stock markets feared. Today, Wednesday, March 15, fell with a bang. Investors were worried about this for some time and today their concern has turned into reality. There has been a big decline in all the stock markets of Europe today.
The biggest reason for the collapse of the European stock markets is the pressure that is currently on the banks of Europe. Due to instability for some time, there is pressure on the banks of Europe. Recently the pressure on the banks has increased further. This directly resulted in the European stock markets, which could not withstand the increasing pressure on the banks and crashed.
There has been an atmosphere of concern in Europe's banking sectors for some time now. The reason for this is the ongoing banking crisis across Europe. Top shareholders of some banks have decided to step back, due to which there has been a huge fall in the shares of many banks.
The European stock markets were in similar turmoil a few days ago as well. The reason for this was the closure of Silicon Valley Bank, one of America's major banks and the country's 16th largest bank, due to the banking crisis. The money of this bank is invested in many companies around the world, including many European companies. Because of this, the closure of Silicon Valley Bank also caused European stock markets to crash.