Dow Jones 30 Consolidates As Banking Sector Fragility Unfolds

Risk sentiment subsided as confidence in the global banking sector eroded last week. Credit Suisse spent the week on the front pages as a selloff caused by contagion from the…

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The Greenback Opens the Week On The Front Foot

The EURUSD currency pair has pared some gains from last week as the Greenback attempts to take the front foot in the new week. The investment community will try to…

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Euro Gains Ground As Risk Assets Buyers Emerge

Risk assets gained favor in Thursday trading following rescue efforts by the Swiss National Bank and large U.S. Banks, which committed $54B and $30B, respectively, to shore up liquidity in…

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Risk Appetite Restored as Market Storm Subsides

The Greenback gave up some of its gains in late Wednesday trading as markets calmed following lifelines extended to the banks showing cracks. Credit Suisse and First Republic Bank shares…

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Nerves Steady in Banking Sector, DAX40 Recovers Considerably

Markets found some relief following a rescue operation by the Swiss National Bank, which granted Credit Suisse a $54B lifeline. On the other side of the Atlantic, large U.S. Banks…

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BMW Shies Away From Seven-Year Highs

BMW’s share price rally stopped short of 2015 highs as the company missed quarterly earnings by 10.18%.   Following in Volkswagen’s footsteps, BMW has committed to accelerating its development in the…

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