If the regulators do not intervene, the panic will increase

The situation in the global markets continues to deteriorate very quickly on all fronts. The banking sector in the world shows slump. At the largest German bank - Deutsche Bank - all look scared. After their collapse by 17.5% on June 24, on Friday they still lost almost 10%. In Italy and Spain in the banking sector there is also panic. In Italy on Friday, the regulator has poured 50 billion euros into the financial system, but it did not help for a long time. Credit markets in Europe and the United States are bursting at the seams. The risk premiums are rising on all fronts. On the debt market in the Eurozone there are first hints of correction.
Bets on Fed's raising rates this year have already fallen to zero. Now, market participants are beginning to lay in the expectations not tightening, but easing of monetary policies.
Everyone was waiting for action from the central bank, but no one does anything. More 1-2 days standby and there will be another wave of panic. The ECB and the Fed should intervene.
The worst thing in the current situation is, that the global regulators may simply lose credibility. And, even if they provide unlimited liquidity to the financial sector, this fact is even more scary. This we have seen as example in China in August last year.
The market is now very dangerous and unpredictable, so it's best to stand aside.