Friday 17 Mar 2023
(Sharecast News) - Wall Street futures were pointing to a mixed session prior to the start of trading on Friday as the financial sector continued to weigh on markets. Read More
Friday 17 Mar 2023
(Sharecast News) - China's central bank, the People's Bank of China, announced on Friday that it will be cutting the reserve requirement ratio (RRR) for all banks, except those with a 5% ratio, by 25-... Read More
Friday 17 Mar 2023
(Sharecast News) - Annual inflation in the eurozone eased in February but core inflation continued to rise, according to data released on Friday by Eurostat. Read More
Friday 17 Mar 2023
(Sharecast News) - Wall Street ended on a high note on Thursday, as major banks deposited a combined $30bn with troubled lender First Republic Bank. Read More
Thursday 16 Mar 2023
(Sharecast News) - Eleven US lenders deposited $30bn with First Republic Bank in a show of support for the lender. Read More
Thursday 16 Mar 2023
(Sharecast News) - Stocks rebounded amid moves to aid troubled lenders on either side of the Atlantic, although markets remained exceedingly cautious. Read More
Thursday 16 Mar 2023
(Sharecast News) - Wall Street opened higher on Thursday as market participants remained focussed on embattled banking giant Credit Suisse and thumbed over some fresh data points. Read More
Thursday 16 Mar 2023
(Sharecast News) - Several of the biggest US lenders are in talks to shore up First Republic Bank. Read More
Thursday 16 Mar 2023
(Sharecast News) - Rate-setters in Frankfurt went ahead and raised short-term interest rates by 50 basis points despite recent heightened stress in the banking sector on either side of the Atlantic. Read More
Thursday 16 Mar 2023
(Sharecast News) - The cost of goods purchased overseas registered its first outright decline in year-on-year terms in February since December 2020. Read More
Thursday 16 Mar 2023
(Sharecast News) - Tightness in the US jobs market showed no signs of easing, data covering the previous week showed. Read More
Thursday 16 Mar 2023
(Sharecast News) - Homebuilding activity in the States perked up last month, but the details of the data were a bit less impressive. Read More
Thursday 16 Mar 2023
(Sharecast News) - An anticipated rebound in manufacturing activity in the US mid-Atlantic region failed to materialise in March, the results of a closely followed survey revealed. Read More
Thursday 16 Mar 2023
(Sharecast News) - Stock markets across the Asia-Pacific region suffered losses on Wednesday, with concerns over liquidity at Credit Suisse causing a sell-off in banking stocks globally. Read More
Thursday 16 Mar 2023
(Sharecast News) - Wall Street futures were pointing to a mixed start to trading ahead of the bell on Thursday as market participants remained focussed on embattled banking giant Credit Suisse. Read More
Thursday 16 Mar 2023
(Sharecast News) - There have been cuts in the cryptocurrency market. Bitcoin (BTC) falls 1.3% in the last 24 hours to around $24,600, while Ethereum (ETH) drops 3% and slips back to $1,650. Read More
Thursday 16 Mar 2023
(Sharecast News) - Beleaguered Swiss lender Credit Swiss has agreed to take a CHF50bn ($54bn) loan from the Swiss National Bank after its shares tumbled on Wednesday, sparking a selloff in global fina... Read More
Thursday 16 Mar 2023
(Sharecast News) - Wall Street stocks closed mixed on Wednesday, as the banking sector weighed on major indices. Read More
Wednesday 15 Mar 2023
(Sharecast News) - Switzerland's central bank issued a public statement of support for Credit Suisse and said they would provide liquidity if needed. Read More
Wednesday 15 Mar 2023
(Sharecast News) - Credit Suisse and Swiss authorities were analysing ways to stem concerns around the lender. Read More
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