HSBC (LON:HSBA) has agreed with the Bank of England to buy the U.K. operations of Silicon Valley Bank (NASDAQ:SIVB), whose collapse last week sent shudders through the U.S. financial system.…
Here is what you need to know about the important news between March 13th 2023 and March 17th 2023, where we take a look at the economic data, market news…
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Asia FX sinks before labour data Most Asian currencies fell on Friday as markets turned cautious ahead of key U.S. labour market data due later in the day, while the…
Crypto-focused bank Silvergate plans to wind down following blow from FTX Crypto-focused bank Silvergate Capital (NYSE:SI) Corp said on Wednesday it planned to wind down operations and voluntarily liquidate after…
Dollar clears 3-month high, yields surge on hawkish Powell The U.S. dollar hit a three-month high against a basket of currencies on Wednesday, tracking a spike in Treasury yields after…
Asian markets steady as investors await Fed chair’s testimony Asian financial markets were little changed on Tuesday as investors awaited congressional testimony from Federal Reserve Chair Jerome Powell due to…
The euro zone’s economic recovery is tentative and fragile, several indicators suggested on Monday, adding to signs that even if a recession may have been avoided, no upturn is in…
Here is what you need to know about the important news between March 06th 2023 and March 10th, 2023, where we take a look at the economic data, market news…
Asia FX muted ahead of Powell testimony Most Asian currencies kept to a tight range on Monday as markets awaited more cues on U.S. monetary policy from a testimony by…
European stock markets are expected to open higher Friday, boosted by gains in Asia and on Wall Street overnight ahead of the release of euro zone services activity data. At…
Oil prices dip, but eye positive week on Chinese demand bets Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates,…
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…