SVB contagion fears continue to recede, spurring a global rebound in stock markets. But the mood sours again as Credit Suisse shares sink, euro skids. Treasury yields make a partial recovery, Fed rate hike path steepens only slightly. US CPI not much help to wounded dollar as focus turns to ECB decision.
0:00 Intro
0:18 SVB Contagion
0:54 US CPI
1:32 FX Market
2:38 Events Ahead
For more information on the topics discussed in this video, including detailed charts and tables, read the full Daily Market Comment article:
https://www.xm.com/research/analysis/marketComment/xm/daily-market-comment-markets-rebound-then-falter-as-fears-grow-over-credit-suisse-176102
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