US Dollar Extends Losses as Fed Minutes Flag Recession Risks amid Banking Sector Turmoil
Minutes from the Fed’s March meeting indicate that the banking sector turmoil that erupted last month could lead to tighter lending standards and pave the way for a recession later…
Read More »Volatility May See Range Breaks across Markets but Trends Might be Short-Lived
Going into the second quarter, the macro environment for financial markets is characterized by stubbornly high inflation and an evolving banking crisis. Will volatility continue to evolve?
Read More »ANZ’s CEO says banking turmoil has potential to trigger financial crisis
Original source: https://www.investing.com/news/stock-market-news/anzs-ceo-says-banking-turmoil-has-potential-to-trigger-financial-crisis-3040134
Read More »EUR/USD edges lower, and tests 1.0750 support as a triple bottom stays in play
As the New York session finished, EUR/USD fell 0.64% or 69 pips. A risk-on impulse did not help the Euro (EUR), which, pressured by a banking crisis t
Read More »Deutsche Bank tumbles as jittery investors seek safer shores
Original source: https://www.investing.com/news/stock-market-news/deutsche-bank-and-ubs-shares-hit-as-banking-fears-keep-tight-grip-3038894
Read More »U.S. Fed delivers small rate hike amid global banking turmoil
Original source: https://www.investing.com/news/economy/us-banks-face-scrutiny-as-fed-rate-decision-looms-3036233
Read More »The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also must reassure markets it can stem a worse banking crisis. Original source: https://www.cnbc.com/2023/03/21/fed-likely-to-raise-rates-by-a-quarter-point-but-it-must-also-reassure-markets-on-banking-system.html
Read More »Only Active Traders Suffer from This Horrible Pain & Costly Mistake
Last week was wild for stocks and commodities after the Silicon Valley Bank defaulted and the government bailed out SVB’s clients. While the Fed and other authorities across the pond…
Read More »Nasdaq 100 Soars Despite Rally in Yields, VIX in Freefall Ahead of Fed. Now What?
The Nasdaq 100 rallies despite rising Treasury yields amid speculation that the worst of the banking sector turmoil is over thanks to coordinated action by government authorities.
Read More »