Market News

Australian CPI Drops by More Than Expected; Commodities Rise, Sugar ETF Hits Multi-Year High; Stock Markets Higher

Banking Shares, Risk Sentiment Stronger; Crude Oil, Other Commodities Rise

Riksbank’s Thedeen Says Underestimated Inflation; Markets Start Week Quietly; US Treasury Yields Remain Weak

The Federal Reserve has increased interest rates in the US by 0.25% for the second successive meeting, amid turmoil in the banking system which might have led to a pause in rate hikes.

Fed Hikes Rates by 0.25%, Drops “Ongoing Increases” Language; Stocks Fall But Recover in Asian Session; US Treasury Yields, Dollar Fall

Markets Narrowly Expect 0.25% US Rate Hike; Risk Appetite Recovers; Global Stock Markets, US Treasury Yields Rise

Stock Markets Higher on Improved Risk Sentiment; US Treasury Yields Claw Back Losses; Gold, Bitcoin Hit Long-Term Highs Yesterday

Takeover Wipes Out $17bn of CS Bonds; US 2-YR Treasury Yield Well Below 4%; Gold, Bitcoin Hit Long-Term Highs; Potential Fed Hike Seen Likely as End of Cycle

Credit Suisse Secures $54bn Loan from Swiss National Bank; Stock Market, Treasury Yields Recover Weakly; ECB Expected to Hike by 0.5% Today; US PPI and Retail Sales Weaker Than Expected

US inflation data released yesterday showed a fall to an annualized rate of 6%, as had been widely expected.

Annualized US Inflation Falls to 6% as Forecasted; Stock Market, Treasury Yields Recover; US Banking Shares Weak, Charles Schwab Rumoured in Trouble; Bitcoin Hits 9-Month High.

Markets Pricing in No March Rate Hike; US Treasury Yields Plummet; US Dollar Selling Off; Trading in Several Bank Shares Suspended Over SVB Contagion Fears.

Stocks Rally on US SVB Action; US Treasury Yields Plummet; US Dollar Selling Off

The Bank of Canada announced no rate hike at its policy meeting yesterday.

BoC Leaves Rates at 4.5%, Expects 3% CPI Soon; 2-Year US Treasury Yield Hits New 15-Year High; US Jobs Data Exceeds Expectations