Euro zone equity volatility surged to highest level since US banks crash

A measure of eurozone equity volatility surged to its highest level since a US regional bank sell-off in mid-October, as risk-off sentiment gripped markets, weighing down almost all asset classes from stocks to gold and bitcoin.

The Euro STOXX volatility index (.V2TX), the equivalent of Wall Street’s so-called VIX “fear gauge,” was last up 2.4 points at 22.6 after hitting its highest level since Oct. 17. This index is still far from its highest level in April, namely 53.5.
Source: Reuters