Forex Today: Markets start new week on an upbeat tone – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Following the previous week's highly volatile action, financial markets seem to have started the new week on an upbeat tone with US stock index futures trading in positive territory and Euro Stoxx 50 opening more than 1% higher. IFO will release business sentiment data for Germany and the US economic docket will feature Dallas Fed Manufacturing Business Index. Central bank speak will be watched closely by investors. fluctuates in a tight channel slightly above 103.
Over the weekend, the FDIC issued a statement announcing First Citizens BancShares Inc bought all the loans and deposits of SVB and gave the Federal Deposit Insurance Corp equity rights in its stock worth as much as $500 million in return, as reported by Reuters. This development seems to be helping the risk sentiment improve early Monday.managed to register gains last week. The pair stays in a consolidation phase below 1.0800 in the European morning.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The week in markets: Crypto rally meets headwinds as Fed roils marketsThe Fed increased interest rates by 25 basis points, ruled out a rate cut, and sent markets into a tizzy.
Read more »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, Gold, Bitcoin, USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Read more »
Custodia Bank's membership denied for ties with crypto markets, says US FedCustodia Bank's involvement in crypto space was one of the main reasons the Federal Reserve denied its membership in January, according to an 86-page report released on March 24.
Read more »
Recessions, bank failures, flat returns mark new era for marketsRecessions, bank failures, and stagnant stock returns - experts see a new, difficult era dawning for markets
Read more »
Markets are entering a 'post-Fed' world and these 4 things will drive investingMarkets are heading into a 'post-Fed' world. Here are 4 things that will drive the new investment regime
Read more »
Top 5 things to watch in markets in the week ahead By Investing.com⚠️3 Things to Watch This Week: -Banking Sector Turmoil -U.S. PCE Inflation -Fed Speakers $DIA $SPY $QQQ $IWM $VIX
Read more »