IMF Chief Georgieva Warns: Energy Shock Persists, Debt Risks Rise

International Monetary Fund Chief Kristalina Georgieva stated that global energy supply shortages have improved less than expected. Georgieva warned of rising debt burdens and inflation risks, urging markets to proceed with caution.

Sustainability of Energy Shock ### - Global energy supply was expected to drop by 12%, but the actual decline was 8.5%.

■Energy price increases continue in the US and Europe.

Rising Debt Risks ### - Global debt levels have increased by 15% since 2023.

■Debt accumulation, particularly in emerging markets, has raised credit risks.

Market Expectations ### - The US dollar weakened in currency markets.

■10-year US Treasury yields surged to 4.2%.

Dark Pool Analysis (Volkan Şen) > The energy crisis's impact is evident in dark pool volumes, particularly in Asia and Europe.

■Dark pool trading volumes in China and India dropped by up to 20%.

■This has widened the gap between institutional and retail pricing.