Swiss Inflation Slows to Weakest Level in Three Months
Swiss inflation eased by more than expected last month — a move that still may not be enough to stop the central bank from raising interest rates again in June.
Source: financialpost.com
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US Futures Waver, Bonds Gain as Bank Angst Lingers: Markets Wrap
(Bloomberg) -- US equity-index futures were steady on Friday and Treasuries gained, capping a tumultuous week for global markets amid lingering concern that the financial turmoil which has roiled bonds and stocks is not over. Contracts on the S&P 500 fluctuated after the index rallied 1.8% yesterday as larger banks threw a lifeline to First Republic Bank, the latest US lender to signal stress. That didn’t stop shares in First Republic from sliding in pre-market trading, however. On the plus side, FedEx Corp. jumped more than 10% after the courier boosted its profit outlook. Futures on the Na...
Source: swissinfo.ch
Futures Slide As $2.9 Trillion OpEx Chaos Clashes With Broke Bank Bailout Bash
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
ECB To Raise Rates Again And Face Questions About Future Path
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be.
Source: ibtimes.com
ECB to raise rates again and face questions about future path
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank is set to raise interest rates again on Thursday and pencil in ...
Source: wkzo.com