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(Bloomberg) — The Swiss central bank has seen a depreciation of the franc in nominal and real terms. “In the last couple of weeks we saw a depreciation of the franc, in nominal and real terms,” Vice President Martin Schlegel said at a news conference on Friday in Zurich. He added that his acknowledgment of…

Major stablecoins experienced a temporary de-peg following the price drop in the cryptocurrency markets.

Ackman covers bond short, Tesla reveals spending plans, Bitcoin soars on ETF hopes, and other news to start your day.

(Bloomberg) -- Markets should brace for a deep US recession that warrants a dramatic one percentage-point interest-rate cut by the Federal Reserve, warned DoubleLine Capital’s Jeffrey Sherman.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A...

MARKET WRAPS Watch For: Germany Ifo business climate index, Bundesbank monthly report; UK CBI distributive trades survey; trading updates from Carnival, Naspers, Associated British Foods Opening Call: European shares may start the week ...

MARKET WRAPS Stocks: European stocks started the week under pressure, after a weekend of chaos in Russia exacerbated uncertainty in markets already weighed by economic worries. And data released on Monday which showed a bigger-than-expected...

FTSE 100 Rises as Traders Bet on US Rate Cuts 0751 GMT - The FTSE 100 rises 0.2% to 7857 points as investors bet on the Federal Reserve cutting interest rates later this year following further signs of easing price pressures. Data on Thursday showe... | 04:08am

Is the Jobs Market About to Crack? Another Central Bank Holds Steady; Global Trade Growth to Slow: WTO By Perry Cleveland-Peck Good day. The U.S. labor market has been on a tear since the economy bounced back from the pandemic, with employers addin... | 07:18am

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

U.S. stocks extend gains on Thursday, boosted by positive market sentiment after several U.S. retailers post better than expected earnings.