Central Banks Are Trying to Save The Situation
market news summary Credit Suisse has announced that it will borrow up to CHF50 billion, or $53.68 billion, from the Swiss National Bank under a cover...
Oil Prices Are Trying to Hold Above $70
market news summary European stocks rose at the end of the trading session on Tuesday, March 14th, after falling on Monday due to the crisis of the co...
Investors are Awaiting Inflation Data Today
market news summary Tim Mayopoulos, the new CEO of Silicon Valley Bank, informed customers that the bank is open and conducting its activities as usua...
The Fed Starts Trying to Bail Out Customer Deposits in SVB
market news summary On Sunday, March 12th, The Fed revealed a plan to support deposits at SVB Bank, a crucial step in stemming the panic among custome...
Sharp Declines in Stock Market
market news summary Chinese President Xi Jinping won a third five-year term today, Friday, March 10, as China’s nearly 3,000-member parliament v...
Markets Await More Data Next Friday
market news summary US Federal Council Chairman Jerome Powell said that officials have not yet decided on the amount of interest rate hike they will t...
The Dollar Dominates after Powell’s Remarks
market news summary Powell stated that the Fed would not consider changing its 2% inflation target and that the labor market does not indicate an appr...
Markets Await Powell’s Testimony
MARKET NEWS SUMMARY European stocks ended the trading session on Monday, March 6, on a mixed note, amid a follow-up to economic data. At the end of th...
The Fed Confirms They Will Continue to Raise Interest Rates
MARKET NEWS SUMMARY European stocks rose at the close of trading on Friday, March 3rd, recording a weekly gain of 1.4% amid a follow-up to economic da...