Investors warned: Market turmoil could return

Investors were warned that the worries about global growth and the health of Europe’s banks that sent markets reeling at the start of this year have not gone away.

The warnings come as new figures yesterday showed that the eurozone still remains at risk of deflation, however, many analysts believe the ECB will wait some time to assess whether its new ammunition to stimulate prices are working.

The end of the month marked the worst quarters for stocks across Europe and one of the most volatile for currency and corporate debt markets since the financial crisis.