Tag Archives: credit suisse

The European Central Bank (ECB) is poised to publish its monetary policy decision on Thursday, June 15 at 12:15 GMT, and as the day approaches, here are the expectations as anticipated by 10 major banks’ economists and researchers. The ECB is widely expected to give another 25 basis point (bps) …

To help control stubbornly high inflation, the European Central Bank will need to extend its cycle of interest rate hikes, according to ECB President Christine Lagarde on Thursday. Lagarde said in a speech in Germany that the bank must continue to raise borrowing costs to “sufficiently restrictive levels,” citing a …

European Central Bank President Christine Lagarde told European Parliament’s Committee on Economic and Monetary Affairs on Monday that Eurozone banks’ exposure to Credit Suisse was in Euro millions, not billions. Key Quotes The ECB is “fully equipped to provide liquidity support to the euro-area financial system if needed”. “The European …

In an emergency rescue agreement intended to quell the fear that the bankruptcy of two American banks earlier this month had sparked on the financial markets, Switzerland’s largest bank, UBS, has agreed to purchase its struggling rival Credit Suisse. “UBS today announced the takeover of Credit Suisse,” the Swiss National …

Credit Suisse stock jumped more than 30% at the outset in Zurich on Thursday, after the ailing lender’s receipt of a 50-billion-franc rescue line from the Swiss National Bank. Credit Suisse shares in Zurich were up 33% at CHF 2.25 (CHF 1 = $1.0811) at 04:15 ET (08:15 GMT). The …

Traders and investors hastily flocked and piled into US-listed options on Credit Suisse at a record pace on Wednesday, as worries over the future of the beleaguered Swiss bank severely impacted its shares and added to existing concerns about instability in the banking sector.The volume of options on Credit Suisse …

On Wednesday morning, new issues at Credit Suisse added to market anxieties, but by the afternoon, a Swiss regulator announced that the nation’s central bank would offer additional liquidity if required.Once its greatest sponsor decided it could no longer help, the European bank’s stock deteriorated by more than 20% and …

The USD/CAD climbs on market sentiment deterioration, as investors seeking safety bolstered the US Dollar. US Retail Sales were lower than expected, but prices paid by producers cooled. The pair rallies on safe-haven flows towards the American dollar sponsored by the US financial banking crisis woes threatening to spread around …

The US 10-year yield has continued higher this week and is now very close to key support at 1.685/705%. A major base looks increasingly imminent. Economists at Credit Suisse look for a move above 2% into 2022.US 10-year Bond Yields are back pressuring key long-term support at 1.685/705% after medium …

The analysis on “The Eurodollar Curve” conducted by Credit Suisse found that “market-implied odds of the Federal Reserve committing a policy mistake have jumped to around 40% from just under 25% two weeks ago”A policy mistake by the U.S. Federal Reserve Bank outranks all the scenarios being priced in by …