Free Trial

Major Market Measures Move Away From Post-Credit Suisse Headline Extremes

CROSS ASSET

Headline flow has died down since the initial knee-jerk moves surrounding news that Credit Suisse will enter a liquidity pact with the SNB. Ultimately, jitters surrounding the banking sector remain evident as the impact of SVB’s meltdown continues to reverberate, emboldening investors when it comes to targeting perceived frailties in the sector. U.S. Tsys are off session cheaps but still softer than NY closing levels, e-minis are off best levels but above NY closing prints and USD/JPY is off session highs, below Wednesday’s close. The Hang Seng operates at session lows, -2.2%.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.