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Posted 20/03/2023

Six Major Central Banks Move to Boost Global Dollar Liquidity

The world’s six largest central banks—the Federal Reserve of the United States, the Bank...

Posted 20/03/2023

Oil Increases on Credit Suisse Deal, Central Banks’ New Market Liquidity Measures

The price of oil rebounded on Monday after suffering its worst weekly drop in...

Posted 20/03/2023

UBS Buys Credit Suisse for $3.2 Billion with Huge Support by Swiss National Bank

UBS on Sunday agreed to purchase Credit Suisse for 3 billion Swiss francs (approx....

Posted 19/03/2023

UBS Asks Swiss Government to Cover $6 Billion for Credit Suisse Takeover

UBS AG is asking the Swiss government’s aid to cover $6 billion if it...

Posted 18/03/2023

JPMorgan Says Fed’s Rate Hike Is Over as Focus Shifts to Bringing Stability to Financial System

J.P. Morgan expected the U.S. Federal Reserve to pause interest rate hikes in the...

Posted 18/03/2023

Gold Rises 2% as Traders Seek Safe Haven amid Turmoil in US Banking Sector

Prices for safe assets surged on Friday amid uncertainties in the global market, especially...

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