By contrast , realised volatility reflects the perceived uncertainty prevailing in the market .

As market uncertainty subsided in the months that followed , the euro stabilised at a somewhat lower level .

The increasing dominance of the low level of interest rates in driving M3 dynamics can be illustrated with the help of a measure of M3 which is corrected for the estimated impact of portfolio shifts into M3 1 during the period of exceptional financial market uncertainty between 2001 and mid 2003 .

These events substantially increased stock market participants uncertainty and risk aversion , prompting investors to shift funds out of the stock market into safer securities .

Sources Reuters , Thomson Financial Datastream and ECB calculations .

Market reaction reflected unfavourable fiscal trends in Hungary and uncertainty concerning fiscal developments and economic policy after parliamentary elections in Poland .

As with the United States , the overall rise in euro area stock prices reflected declining stock market uncertainty together with a market perception of a more favourable economic and corporate outlook .

Market participants perception of bond market uncertainty in the euro area , as measured by implied volatility , remained stable throughout the first six months of the year .

At the same time , uncertainty is prevailing .

17 Market uncertainty decreased further in 2006 , with volatility declining to fairly low levels , notwithstanding a temporary rise over the summer period in the context of a global repricing of risk .

Overall , compared with longer term historical averages , market uncertainty relating to future monetary policy decisions reached a relatively low level .

At the same time , uncertainty is still prevailing .

However , uncertainty remains high .

My mama had chosen the uncertainty here.

Uncertainty still reigns in Ecuador.

uncertainty .

This was accompanied by downward revisions to expectations of future corporate profitability , company profit

Back to some of the more mundane issues of thinking about uncertainty.

The heightened uncertainty also had the potential to affect consumption growth .

GLOBAL STOCK PRICES INCREASED STRONGLY IN 2003 Putting an end to the downward correction that commenced in March 2000 , stock prices in the major markets rose strongly in 2003 , recording Chart 14 ( b ) Implied stock market volatility ( percentages per annum

At the same time , the uncertainty surrounding this outlook remains higher than usual .

A state of equilibrium between the expected cost of refinancing with the central bank and the expected cost of obtaining funds through the interbank market ( including a premium for the higher uncertainty of market funding ) has to be achieved in order to prevent the bids of banks from either escalating or drying up .

In the past , there seemed to be a rather low degree of co movement in near term expected volatility in the different market segments , except in occasional periods of cross market turmoil that were probably triggered by common rather than market specific shocks . More recently , the decline in volatility over the first three quarters of 2004 was quite similar across markets .

On the YouTube comments for the video, the same uncertainty is perceived

Nepal's economic growth continues to be adversely affected by the political uncertainty.

Continued uncertainty about labour market prospects and job security may have led

While real GDP growth stagnated in the first half of the year , prospects for economic activity gradually brightened over the summer following the end of the military operations in Iraq and the normalisation in financial market conditions .

As regards the domestic side , quarter onquarter growth in private consumption was on average relatively weak during 2004 , reflecting not only subdued labour market developments but also continuing uncertainty regarding the implementation of necessary structural reforms ( see Box 6 for more details on the progress with structural reforms ) .

It was also recalled that , should the prevailing economic and financial market uncertainty subside , any persisting excess liquidity in the economy would need to be carefully reassessed with regard to whether it signalled risks to price stability . ECB Annual Report 2001

The rise in money market rates was most pronounced at the longer maturities ( see Chart 9 ) . Consequently , the slope of the money market yield curve , which was virtually flat at the beginning of 2002 , increased substantially in the first few months of the year and reached around 70 basis points in mid May .

Now, who remembers Heisenberg's uncertainty principle?

And fifth, the element of uncertainty.

Uncertainty as the only answer to the future.

( below market ) ( below market )

However, uncertainty about the future of the laboratory made it hard to induce people to stay.

However , the lack of timely employment data creates considerable uncertainty with regard to the actual labour market figures for 2000 .

Although the monetary policy decisions of the ECB have generally been predictable since the start of Stage Three of Economic and Monetary Union , 1 market uncertainty sometimes surrounded the exact timing and magnitude of such decisions .

The first article assesses the impact of economic and financial uncertainty on the euro area 's money demand , emphasising in particular the influence of that uncertainty on portfolio decisions .

However , uncertainty remains high as a number of the supporting factors are of a temporary nature .

( close to market ) m ( close to market )

Apart from the uncertainty in financial markets , the persistence of major macroeconomic imbalances outside the euro area also continued to weigh on the climate of uncertainty prevailing in the euro area and the world in general .

The whole history of telephony is a story of dealing with that uncertainty.

The outlook for the economy continues to be surrounded by uncertainty .

While proponents argue that investment treaties reduce uncertainty, the ambiguities and conflicting interpretations of these agreements provisions have increased uncertainty.

the stability of the Internal Market is maintained .