European Stocks Rebound as Banking Jitters Ease

Banks bounce back after Friday39;s selloff Novartis surges after positive trial results Orange up after Morgan Stanley raises to 39;overweight39; March 27 Reuters European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two […]
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Gulf Equities Open Mixed amid Rising Oil Prices

March 27 Reuters Major Gulf markets opened mixed on Monday, mirroring gains in oil prices as investors pin their hopes on modest interest rate hikes amid governments39; efforts to soothe fears over the global banking system. Most Gulf currencies are pegged to the U.S. dollar, with Saudi Arabia, the United Arab Emirates and Qatar usually […]
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European Banks Shares Rise after SVB Deal

LONDON, March 27 Reuters European bank stocks rose for the first time in nearly a week on Monday, bouncing from last week39;s declines, after a buyer emerged for large parts of Silicon Valley Bank39;s deposits and loans, which helped ease some of the anxiety in the sector. The STOXX banks index rose 2.3 in early trading, […]
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Dollar Steady as Banking Worries Keep Investors on Edge

SINGAPORELONDON, March 27 Reuters The dollar was steady on Monday, while the yen hovered near its sevenweek peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The dollar index , which measures the currency against six rivals, rose 0.06 at 103.05, having gained 0.5 on […]
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