The ECB made its comments Wednesday in its twice-yearly financial stability review. The report said the eurozone's increasingly robust economy "is supporting financial stability" and that there is no widespread overvaluation in eurozone's financial markets. The report noted that recent increased risk-taking in financial markets could "sow the seeds for large asset price corrections in the future." The ECB noted that such behavior has continued even though central banks such as the ECB and the U.S. Federal Reserve have made clear they are recalibrating their policies. "Financial markets may not be fully alert to the possibility that the current favorable market sentiment can change quickly," the report said.

Source: Daily Mail November 29, 2017 10:52 UTC