HONG KONG - Global stocks rose and the dollar softened on Tuesday, as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector.
"This round of uncertainty that we're seeing, it will likely continue for some more time," said Manishi Raychaudhuri, Asia-Pacific head of equity research at BNP Paribas ."We haven't seen the end of it." He expects continued volatility for global markets going forward for at least one or two quarters.
"On one day, the market expects maybe a 25 basis points or maybe a 50 basis points rate hike. Just in a matter of one or two days, that outlook is changed to 50 basis points rate cuts in the second half of the year," he said.
Floating on internet..
Yes🇺🇸✌️🇺🇦🏆
Yesterday First Citizen. Today First Republic.🚀 .Lets goooo
Yeah, that's what they said yesterday but look what happened....
The calm before the storm…
The rip before the dip 🐻
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks gain, US treasury yields rise as banking fear easesGlobal stocks and U.S. bond yields rose on Tuesday, as a U.S. regulator-backed deal by First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector. Is Charles Schwab about to collapse? Be honest 👀 The U.S. banking industry has a $2 trillion time bomb on its books
Source: Reuters - 🏆 2. / 97 Read more »
Stocks gain, dollar slides, as banking fear easesGlobal stocks rose and the dollar softened on Tuesday, as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector.
Source: Reuters - 🏆 2. / 97 Read more »
Strength in megacap stocks masks broader U.S. market woes By Reuters*STRENGTH IN MEGACAP TECH STOCKS MASKS BROADER U.S. MARKET WOES AMID BANKING TURMOIL $AAPL $MSFT $GOOGL $AMZN $META $NVDA So the companies which have had mass layoffs this month are leading stocks higher? Makes sense.
Source: Investingcom - 🏆 450. / 53 Read more »
Asian Stock Market: Global stocks climb as concerns over the banking sector diminishAsian trading hours on Tuesday reflect a positive risk appetite among investors, with most Asian stock futures in the green. MSCI's broadest index of
Source: FXStreetNews - 🏆 14. / 72 Read more »
Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters*BANKING WOES, FED TO KEEP INVESTORS ON EDGE IN WEEK AHEAD AMID NERVOUS U.S. STOCK MARKET $DIA $SPY $QQQ $VIX 🇺🇸🇺🇸 KleeGames bout to drop PlaytoearnGames on the AppStore Announcement IOS RELEASE NEXT MONDAY KleeRun will be 1st P2E game and will soon be joined by KleeKartz and KleeBlast Earn upto $10 daily 💯 schlorships coming too 💜💜 AxieOrigins AxieHomeland P2E GameFi ETH 🤔 are they care about that Or they make super inflation and they buy crypto too Are they print and print to buy crypto? If like that crypto will super bullish and USD will be colaps 🤡👽😱🤣🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »