They said it

“A strong dollar feeds into inflation pressures abroad and makes it more difficult to service dollar-denominated debt”

From an article, ‘Global Repercussions of the Strong Dollar’, by Econofact

First look

Funds to the fore as banks retreat
Following our Europe Summit and subsequent conversations with market sources, here are some of the issues getting a frequent airing:

• Traditional lenders are risk off: Banks are retreating from a spectrum of activities, from capital call lines to the syndicated loan market.