Tag Archives: Euro

Japan’s Nikkei index closed at its lowest level in two months on Monday, as fears of a recession and a possible crisis in the global banking sector led to the sale of risky assets despite a deal reached over the weekend to save the Swiss Bank Credit Suisse. The Nikkei …

Most Asian stocks fell on Monday as emergency liquidity measures and bank consolidations in U.S. and Europe did little to stem fears of a potential banking crisis, with markets now awaiting more cues on monetary policy from a Federal Reserve meeting this week. Bank-heavy indexes once again saw steep losses, …

Wall Street finished lower on Friday, capping off a turbulent week marked by an evolving banking crisis and the gathering storm clouds of a possible recession. All three indexes finished the session in the red, with financial stocks falling the most of the S&P 500’s major sectors. All three indexes …

European stocks continued to recover for the second consecutive session on Friday, as measures taken by the United States and Europe to support banks calmed fears of an imminent collapse, but the European index was on track to record a decline for the second week in a row. The Stoxx …

European stocks rose Thursday, March 16th, as troubled Credit Suisse rose after receiving financial aid from the Swiss National Bank (SNB), easing some fears of a global banking crisis, although caution prevailed ahead of the European Central Bank’s interest rate decision. The Stoxx 600 index rose 0.9%, by 08:15 GMT. …

Japan’s Nikkei index pared its losses on Thursday after hitting a near two-month low in a volatile session, after Swiss bank Credit Suisse announced plans to boost its cash position. This week witnessed sharp volatility in Japanese banks, which caused the Nikkei index to drop below 27,000 points for the …

Japanese banking stocks closed higher on Wednesday, helping the Nikkei index end a three-day losing streak, as markets regained some calm after investor fears of spillovers from the Silicon Valley bank collapse subsided. The Tokyo Stock Exchange’s banking index rose 3.3 percent, led by shares of Suruga and Shimane Banks, …

Narrow sideways trading that tends to be positively dominated the movements of the euro-dollar pair during the previous trading session, trying to breach the pivotal resistance level of 1.0745, recording its highest level at 1.0760, but ended the transactions below the mentioned level. On the technical side today, by looking …

The European index rose on Tuesday, supported by the rise in interest rate-sensitive real estate and technology stocks, after a three-day sell-off in the wake of the collapse of the Silicon Valley bank that caused turmoil in the banking sector worldwide. The pan-European STOXX 600 was up 0.1% by 0813 …

The dollar fell today, Monday, as the US authorities intervened to curb the repercussions of the sudden collapse of the Silicon Valley Bank (SVB), as investors hoped that the Federal Reserve would follow a less hawkish monetary path. The US government announced a number of measures and said that all …