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Janne MutaChief Market Analystmaart 17, 2023
The First Republic deal rallied the markets
Tech stocks rallied strongly as the 11 biggest US banks provided First Republic Bank with deposits of $30 billion to stem the recent bank runs. Institutional buying started after the WSJ repo...
Janne MutaChief Market Analystmaart 13, 2023
Another US bank collapsed
Another US bank was taken under regulatory care on Sunday. Emergency measures were announced to soothe the fears depositors have over the safety of the deposits in the SVB and the Signature B...
Janne MutaChief Market Analystmaart 10, 2023
US nonfarm payroll 311K vs 224K expected!
The NFP came in higher than analysts expected. This, however, wasn’t a surprise to us given the fact that the recent employment-related data have been so strong. Plus, throughout the last yea...
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