- Developments affecting the Japanese markets, including the depreciation of the yen against the dollar, were the focus of attention for many market participants during the third quarter.
- Total gross debt issues continued to increase compared with their low levels last year and the recovery in emerging-market debt continued.
- Prices in most major equity markets rose strongly as expectations of further interest rate rises waned, but turnover was mixed; and on most major derivatives exchanges volumes were down.
Published on
01 December 1995
Financial market developments