Latest ECB Stability Review now published 29 Nov
- there is no generalised overvaluation in EZ fin markets
- re-pricing of global risk premia remains significant
- financial stability situation in the euro area has continued to evolve positively over the past six months.
- Euro area systemic stress indicators have remained low over the past six months
- higher rates may trigger concerns on debt servicing
Full report here (all 186 pages of it) if you're having trouble sleeping.