Global markets update: US stocks decline as banks tumble, investors await Fed’s next move
2 min read . 02:21 AM IST
Rajendra Saxena
The yield on 10-year treasury down 13.3 basis...
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investors weigh interest rate outlook
U.S. Treasury yields fell on Thursday as investors awaited economic data and comments from Federal Reserve officials that could provide...
The problem with the UK’s economic recovery
Markets have been too negative on global economic prospects but the UK could be a laggard when it comes to a recovery, economists and investors have suggested.Steven Bell, chief economist at Columbia Threadneedle, said consumer confidence had been very low in Europe and the UK due to concerns about the impact of higher energy costs, but could rise over the year - albeit more swiftly on the continent than in the domestic UK market.According to Bell, energy subsidies mean the issue has not had as profoundly negative an impact as originally feared. Therefore,...
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SVB deal lifts US and European stocks, First Citizens shares soar over 53%
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Markets may be in a vulnerable position ahead of the Federal Reserve’s meeting this week, as traders bet the banking...
US credit crunch raises risk of Fed slamming brakes too hard
A banking crisis in a matter of days has emerged as a powerful new constraint on a red-hot economy that...
