Panic on Wall Street indices fell to 5.5-year low

Debt crisis in Europe and the United States debt-ceiling issue is still not resolved, prospects for global economic recovery remains uncertain, investors are increasingly optimistic about the prospects for global stock markets, measure the VIX index of market panic fell to lows of nearly 5.5 years.

9th us stock trading, VIX index at one point fell to 13.2 points, the highest since June 2007, a new low. VIX index, also known as "panic on Wall Street indices", can to some extent reflected the market's optimism, lower the index value represents market optimism.

Noteworthy is that in addition to the VIX index, risk aversion in Europe by the VStoxx index CME and reflect the global currency market volatility of crude oil (93.04,-0.78,-0.83%) option implied volatility index (CVIX) are close to the lowest since mid-2007.

Many central banks "gate opening water" led to the second half of 2012 of investor optimism rise, signs of improvement in global financial markets. United States Chief investors strategist at Wells Capital Management, Mr Paulson said, these indicators are low variable wide range reflected the global economic recovery, financial markets are more stable. Fund managers said, VIX index hit multi-year lows reflected investors think central banks will introduce measures to support financial markets, investors returned to the stock market from the bond market also contributed to the market's optimism. However, analysts believe that, in view of the debt situation in Europe and the United States debt ceiling discussions about the Outlook, well below the current VIX index doesn't make sense. Market data showed that in June 2007, the VIX index also appeared less than 14 points, followed by United States subprime mortgage crisis erupted.