Morning Bid: Signs of confidence re-emerge after bank storm

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Morning Bid: Signs of confidence re-emerge after bank storm
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A look at the day ahead in European and global markets from Anshuman Daga

Market gyrations are common but the scale of recent moves across asset classes due to a slew of bank takeovers has shocked even the most experienced traders and investors.demand along with more speculative instruments, such as tech stocks and bitcoin, as worries over the banking crisis are boosting disparate assets.with troubled Credit Suisse following an intervention by Swiss authorities, the bank's shares pared most of the losses towards the close.

Markets have been on high alert for central banks to raise interest rates sharply to cope with high inflation.his recent call for three more rate increases of 50 basis points in quick succession.

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