By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. There’s no doubting it now – Credit Suisse has made the banking crisis global and, in clas[...]
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March 15, 2023
Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled
By Noele Illien, John Revill and Tom Sims (Reuters) – Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender[...]
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Global sell-off resumes after Credit Suisse renews worries; gold rallies
By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide[...]
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Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the disclosure of “weaknesses[...]
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Barclays: ECB more likely to hike rates by 25 bps rather than 50 bps or no hike
LONDON (Reuters) – The European Central Bank is more likely to raise interest rates by a modest 25 basis points when it meets on Thursday rather than by 50 bps or make no rate hike, Barclays sai[...]
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Trading in big bond markets becomes challenging after bank rout – traders
By Yoruk Bahceli and Harry Robertson (Reuters) – Banking turmoil on both sides of the Atlantic prompting the sharpest daily moves in decades in big government bond markets has made it much harde[...]
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Peru’s economy shrank in January after nearly two years of growth
(Reuters) – Peru’s gross domestic product contracted 1.12% in January compared with the same month a year before, official data showed on Wednesday, marking the first contraction in 22 mon[...]
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UK budget winners and losers: the pound, gilts and stocks
By Lucy Raitano and Samuel Indyk LONDON (Reuters) – Finance minister Jeremy Hunt presented less gloomy forecasts for Britain’s economy at his Spring Budget on Wednesday. Upgraded official[...]
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BlackRock CEO Fink warns of financial risks, persistent inflation
(Corrects typographical error in seventh paragraph) By Ross Kerber (Reuters) – BlackRock Inc Chief Executive Laurence Fink warned on Wednesday the U.S. regional banking sector remains at risk af[...]
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