March 22 (Reuters) – A scramble by troubled U.S. lender First Republic Bank (FRC.N) for a capital injection on Wednesday rekindled concerns about the wider banking sector as authorities considered measures to further strengthen the financial stability. As recent market turmoil has eased, the Federal Reserve meeting later today is now a major concern for … Read more
March 16 (Reuters) – Several major banks are in talks to deposit billions of dollars at First Republic Bank (FRC.N), sources familiar with the matter said on Thursday, as the U.S. lender became the latest to be swept away by fears of a rapidly worsening banking crisis. The collapse of Silicon Valley Bank last week … Read more
Weekly jobless claims fall by 20,000 to 192,000 Continuing claims decrease by 29,000 to 1.684 million Single-family housing starts increase by 1.1% in February Import prices fall by 0.1%; down 1.1% year-on-year WASHINGTON, March 16 (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating continued … Read more
Stocks rise as Switzerland provides lifeline to Credit Suisse Bond yields rise, ECB expected to hike rates up to 50bps Oil rises from a 15-month low Graphic: world exchange rates LONDON, March 16 (Reuters) – European markets rebounded on Thursday as a 50 billion Swiss franc ($53.94 billion) lifeline for embattled lender Credit Suisse prepared … Read more
February Retail Sales, Lower Producer Inflation Credit Suisse US shares hit all-time low Shares of regional banks fall NEW YORK, March 15 (Reuters) – U.S. stocks pared losses on Wednesday evening but the Dow Jones and S&P 500 still closed lower as Credit Suisse problems rekindled fears of a banking crisis, eclipsing bets on a … Read more
February CPI in line with expectations Regional banks rebound Meta rises on more layoff plans Indices up: Dow 1.06%, S&P 1.68%, Nasdaq 2.14% NEW YORK, March 14 (Reuters) – U.S. stocks rebounded on Tuesday as inflation data broadly in line with target and easing contagion fears in the banking sector dampened expectations for the magnitude … Read more
https://tmsnrt.rs/2zpUAr4 US authorities act to stabilize banks Markets speculate on less aggressive Fed hikes Short-term Treasury yields fall, Fed futures jump SYDNEY, March 13 (Reuters) – U.S. stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors were betting … Read more
HONG KONG, March 12 (Reuters) – Chinese stock investors, already disappointed by Beijing’s weaker-than-expected economic growth target for the year, will be further discouraged by the sharp collapse of U.S. lender SVB Financial Group, market participants said. China’s CSI300 index (.CSI300) fell 4% last week, while Hong Kong’s Hang Seng (.HSI) fell 6% amid China’s … Read more
LONDON, March 11 (Reuters) – Britain’s Treasury and the Bank of England are working together to minimize disruption that could arise from a collapse of the UK branch of Silicon Valley Bank (SIVB.O), which was seized by US regulators. , the ministry said on Saturday. Talks were scheduled for later on Saturday to discuss issues … Read more
Investors await Friday’s jobs report Bank stocks fall after SVB shares sale announcement General Electric rises after reiterating forecast Indices down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05% March 9 (Reuters) – All three major Wall Street stock indexes closed lower on Thursday, with banking stocks creating the biggest drag as investors also feared Friday’s jobs … Read more
