G20 watchdog says commercial real estate bears 'close monitoring'

LONDON, Feb 26 (Reuters) - The outlook for global financial stability remains challenging given higher interest rates have yet to be fully felt, and that exposures to commercial real estate "bear close monitoring", the G20's risk watchdog said on Monday.

"Asset valuations are also stretched in some key markets," Financial Stability Board chair Klaas Knot told G20 finance ministers and central bankers in a letter ahead of their meeting in Brazil this week.

The FSB will deliver a report in July on progress in addressing risks from non-banks such as investment funds, said Knot, who is also president of the Dutch central bank.

Reporting by Huw Jones Editing by Gareth Jones

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

G20 watchdog says commercial real estate bears 'close monitoring'

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Solid price gains for gold, silver after busy news weekend

Bitcoin remains a ‘speculative vehicle’ and ‘won’t work’ as a reserve: ‘I prefer gold’ – Ray Dalio