Online Trading News Page 31

Wall Street ended mixed on Wednesday as troubles at Switzerland’s Credit Suisse reignited fears of volatility in the banking sector.

All major indexes on Wall Street rallied on Tuesday after new inflation data heightened expectations of a modest interest rate increase.

The greenback traded flat on Tuesday following favorable inflation data and receding fears of volatility in the banking sector.

The U.S. stock market ended mixed on Monday following the shutdown of Silicon Valley Bank, which is expected to affect the whole sector.

President Joe Biden assured that the U.S. banking system was "safe" after the shutdown of Silicon Valley Bank and Signature Bank.

Financial regulators announced the shutdown of New York-based Signature Bank only two days after Silicon Valley Bank's failure.

While there won't be a bailout for the failed SVB, the government will continue assisting depositors, said U.S. Treasury Secretary.

Finvasia Group's Forex and CFD brokerage, Fxview, has received full authorisation from the South African regulator, the FSCA.

All three major indexes on Wall Street plummeted on Thursday as numerous U.S. banking firms saw drops in their stock prices.

Crypto's total market capitalization was down by over six percent to $942 billion in the wake of Silvergate Bank's collapse.

Global shares mostly traded lower on Wednesday before the publication of the U.S. job report, which analysts said could create headwinds.

Silvergate Bank will shut down its operations and liquidate its assets due to volatility in the crypto market, its parent company has said.

Federal Reserve chair Jerome Powell warned on Tuesday that interest rates are "likely to be higher" than estimates.

All major indexes on Wall Street plummeted after Federal Reserve chairman Jerome Powell forecasted higher-than-expected interest rates.

FTX subsidiary Alameda Research has filed a lawsuit against Grayscale Investments, alleging mismanagement of digital asset trusts.

The Chinese government revealed a five percent economic growth target for 2023 on Sunday, the lowest target it has set in decades.

A report has revealed that crypto exchange Binance attempted to recruit Gary Gensler in 2018 to avoid lawsuits from U.S. regulators.

All three major indexes on Wall Street closed higher after Atlanta Fed President said he preferred a “slow and steady” policy approach.

Stocks across the globe were mostly on the green on Thursday amid expectations of more rate hikes by central banks.