Currencies
European Sovereignty | ECB President Christine Lagarde said yesterday that a digital euro would play a key role in safeguarding European payment autonomy. The dollar slipped while the gold prices ticked higher.
Metals
Trafigura bought some LME nickel that was just bags of stones.
Oil
Oil fell as an industry report showed U.S. crude inventories rose unexpectedly last week in a sign demand may be weakening.
United States
UBS offer UBS is offering to buy back 2.75 billion euros ($3 billion) worth of bonds it issued to investors just days before rescuing Credit Suisse. Coming Up European shares look set to open higher even as investors brace for the Fed’s policy decision. They ve heard Treasury Secretary Janet Yellen say the US government could move to protect bank depositors if smaller lenders are threatened. US sovereign bonds have been whiplashed this month as the global banking crisis called into question the Fed s policy path.
Backstopping banks | Treasury Secretary Janet Yellen said the US could repeat moves to shield bank depositors if smaller lenders are threatened. Stocks waver European stocks fluctuated in a narrow range and US equity futures edged lower as investors prepared for the Fed s decision. For instance, in the 49 days since the last Fed policy decision, I ve aged by roughly two years. As such, it s not affecting financial stability and the Fed will make that distinction when deciding on its policy path, the strategists including Jay Barry said.
“On March 21, Ozon filed an appeal against Nasdaq’s decision on the compulsory delisting of the company’s American depositary shares,” Ozon said in a statement. Treasury Liquidity The Fed can look past low liquidity in the Treasuries market and keep on hiking rates, according to strategists at JPMorgan.
Backstopping banks | Treasury Secretary Janet Yellen said the US could repeat moves to shield bank depositors if smaller lenders are threatened. Stocks waver European stocks fluctuated in a narrow range and US equity futures edged lower as investors prepared for the Fed s decision. For instance, in the 49 days since the last Fed policy decision, I ve aged by roughly two years. As such, it s not affecting financial stability and the Fed will make that distinction when deciding on its policy path, the strategists including Jay Barry said.
“On March 21, Ozon filed an appeal against Nasdaq’s decision on the compulsory delisting of the company’s American depositary shares,” Ozon said in a statement. Treasury Liquidity The Fed can look past low liquidity in the Treasuries market and keep on hiking rates, according to strategists at JPMorgan.
Europe
The risk is that without a compromise the landmark legislation a key pillar of the EU s green deal could unravel completely. In the UK, members of Parliament will vote on a post-Brexit deal for Northern Ireland, while former Prime Minister Boris Johnson will testify before the privileges committee. Brexit and Boris Johnson return to test Sunak on crunch day.
0