Category: Uncategorized

Credit Suisse’s bailout will result in tens of thousands of redundancies, with the Swiss financial sector bracing for a major blow after UBS took over the troubled bank. The domestic operations of Credit Suisse and

By 0939 GMT, the ruble fell 2.5% versus the dollar at 70.60 after beating 70.7550 earlier. It had yielded 2.4% to trade at 75.22 versus the euro, traversing the 75 threshold for the first time

While it held broad policy settings intact, pinning short-term JGB yields at -0.1% and the 10-year yield near zero, the BOJ chose to let long-term yields push 50 basis points on either side of its

On August 17, natural gas prices spiked as Europe’s flaming summer triggered higher-than-normal cooling demand, exacerbating an energy crisis. At the time of writing, NGAS futures are trading higher by 1.21% to $9.442 per million

Market turmoil expressed by Russia’s Feb. 24 invasion of Ukraine pushed the central bank to shutter trading entirely on Friday. Since then, the U.S. and U.K. have prohibited Russian oil imports. Fitch Ratings warned that