
Market Hears Dovish Fed Hike And Sells Dollars
USD remains under pressure following the Fed's rate hike. After a poor showing yesterday, US index futures are trading with a firmer bias. Europe's STOXX 600 is snapping a three-day advance.
Seeking Alpha
Terms Of UBS Acquisition Wipe Out Additional Tier 1 Capital And Spur Fresh Concerns
Asia-Pacific equities was a sea of red, and Japan and Australia indices shed more than 1%. Dollar Index remains within the range seen last Wednesday (~103.45-105.10) but is at the lower end.
Seeking Alpha
Fragile Calm To End The Volatile Week Even With The Quadruple Expirations
Ahead of the quadruple expiration in the US today, the equity futures are little changed but slightly firmer.
Seeking Alpha
Swiss National Bank Support Steadies Market As ECB Faces Difficult Choice
Amid the US banking crisis, Credit Suisse's woes are sending ripples through the capital markets, trigging a sharp slide in the euro. SNB support is helping the markets calm today.
Seeking Alpha
FX Markets: Pressure Switches To Europe
Fast-moving financial markets have seen attention switch from the banking crisis in the US towards Europe. Stress in money markets is moving back to Monday’s levels and euro is softening.
Seeking Alpha
Does The U.S. Inflation Report Matter, Or Has It Been Superseded By Deflationary Forces Of A Financial Crisis?
Despite some high-profile calls to the contrary, we suspect the Fed will still hike rates by 25 bp next week. The dollar has come back better bid today but generally consolidating.
Seeking Alpha
U.S. Banking Crisis Swamps Other Considerations
The fear of a crisis that spurred a sharp drop in US rates ahead of the weekend pushed European rates sharply lower too. Find out more here.
Seeking Alpha