WEEKLY MARKET RECAP: June 05 –June 09, 2023
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…
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UBS agrees with Swiss Government on Credit Suisse loss guarantee
UBS has signed an agreement with the Swiss government to cover up to 9 billion Swiss francs ($10.00 billion) in losses from its emergency takeover of Credit Suisse, the country’s…
MARKET UPDATE
Dollar rebound from sharp losses The U.S. dollar edged higher in early European trade Friday, rebounding after the previous session’s sharp losses as traders sought out a safe haven after…