21 March 2023
US stocks jumped on Monday (20/03/23) with Dow Jones leading a 1.2% gain on the back of investor relief after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system.
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20 March 2023
Financial market sentiment is still fragile, considering that last week was filled with turbulence dominated by the US & European banking crises. The MSCI World Equity index, which tracks stocks in 49 countries, fell 0.55% on Friday (17/03/23).
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17 March 2023
US financial stocks rose in unison, bringing Wall Street's three indexes to post solid gains of over 1% on Thursday (16/03/23), with the Nasdaq leading the way at 2.48%.
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16 March 2023
US Treasury yields and Eurozone bonds tumbled on Wednesday trading (03/15/23) with the latest concern from the banking sector regarding Credit Suisse's largest investor said that it could not provide the Swiss bank with more financial assistance and increase its stake above 10%.
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15 March 2023
US stock indexes bounced concurrently, with the Nasdaq leading the gains of more than 2%, as investors' fears over the Silicon Valley Bank and Signature Bank were eased after US President Joe Biden and other global policymakers vowed the crisis would be contained.
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