What is the difference between the traditional international financial market and the European money market?

Before the Second World War, the traditional international financial market was established and developed by major capitalist countries according to their policy objectives of economic, political and foreign economic expansion, with the help of their long-term accumulated huge funds and the capital provided by endless overseas profits. Its development mainly depends on the strong strength of the country where the market is located, and its purpose is mainly to serve the politics and economy of the country where the market is located and provide financial accommodation for the currency of the country where the market is located.

The emerging offshore financial market, that is, the European money market, is a market that provides financing facilities for non-residents. Its formation does not depend entirely on the economic strength of the country where the market is located. Its business object is the currency outside the country where the market is located, that is, overseas currency or European currency.