We currently have a formidable degree of price stability, a low rate of inflation. That offers enormous opportunities for growth and job creation. It is not the fault of the euro that economic policy went wrong in some countries. But let us please conduct that debate. It is important as such.
As for financial markets, rates on term instruments (for both spots and futures) have been generally steady in the money markets. Yields on long-term government bonds recorded historical lows from late April to early June with the releases of weak economic indicators, and are recently showing a slight turnaround. Stock prices have been slightly declining, indicating the weak market sentiment on the economy.