Uncategorized

Asian Stocks Surge As Bank Bailouts Lift Spirits 0
- Uncategorized
- March 17, 2023
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a potential banking crisis helped improve sentiment, while traders also priced in a less hawkish Federal Reserve. Chinese bourses were the best performers for the day, with the Shanghai Shenzhen CSI 300 and
READ MORE
ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says 0
- Uncategorized
- March 15, 2023
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation will remain too high in coming years, a source told Reuters. Investors had begun to doubt the ECB’s commitment to another big rate hike this week after the collapse of Silicon
READ MORE
Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed 0
- Uncategorized
- March 15, 2023
Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential crisis in the U.S., while growing bets that the Federal Reserve will adopt a less hawkish stance also aided sentiment. Regional markets took positive cues from an overnight recovery on Wall Street, after consumer inflation
READ MORE

Bank Slide Deepens As SVB Contagion Fear Rattles Markets 0
- Uncategorized
- March 14, 2023
Asia’s share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of U.S. inflation data due later in the day. Japan’s Nikkei dropped 2%. The Tokyo Stock Exchange banks index fell more than
READ MORE
Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations 0
- Uncategorized
- March 13, 2023
Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will push the Federal Reserve into softening its hawkish rhetoric in the coming days. The dollar fell sharply against a basket of currencies, while an inversion in the yield curve lessened
READ MORE
Oil Prices Rise On Weak Dollar As Markets Price in Less Hawkish Fed 0
- Uncategorized
- March 13, 2023
Oil prices rose slightly on Monday as a brewing banking crisis in the U.S. spurred expectations that the Federal Reserve will soften its hawkish rhetoric in the coming months, although caution still persisted over a potential economic fallout. Oil markets benefited from weakness in the dollar, after the Fed and other U.S. regulators intervened over
READ MORE