Banking

Share: Bank of England Governor Andrew Bailey earlier said in a speech on Wednesday to the Institute of…

FED MINUTES KEY POINTS:Fed minutes stress the need for monetary policy flexibility in light of recent eventsPolicymakers lower their expectations for the FOMC terminal rate in response to last month's banking sector turmoilThe U.S. dollar…

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:The S&P 500 index’s uptrend remains intact despite the turmoil in the bank sector.In comparison, the Nasdaq 100 looks stronger as it flirts with the 2023 highs.What’s next for the two…

Australian Dollar, AUD/USD, US Dollar, Fed, SVB, ABS, CPI, RBA – Talking PointsThe Australian Dollar softened after a mild monthly CPI figureAUD had been lifted in the overnight session with a positive market moodIf the RBA holds still…

Share: AUD/USD is aiming to recapture the 0.6700 resistance amid the improved risk appetite of the market…

Crude Oil, US Dollar, WTI, SVB, FDIC, Iraq, Kurdistan, Turkey, Volatility – Talking PointsCrude oil roared back to life to start this week after FDIC actionThe banking sector appears to have steadied the ship for now, boosting…

Share: Gold price pullback picks up pace after news First Citizens Bank has taken over SVB. US Treasury…

US Dollar, DXY Index, USD, SVB, Treasury Yields, Fed, Kashkari, Credit - Talking PointsUS Dollar languishes as Treasury yields struggle to hold their groundThe banking situation might do some of the Fed’s work on financial tighteningIf…

Unlike the previous trading week which was filled to the brim with top-tier economic catalysts, the upcoming one looks relatively light. Does this mean that the focus would stay on global banking liquidity woes? Or will the fresh round…

WTI CRUDE OIL OUTLOOK:Oil prices rise as risk assets extend their reboundThe easing of turmoil in the banking sector seems to be contributing to the market's positive moodDespite recent gains, the outlook for oil remains somewhat…