This week can be decisive: Investors are looking at the Fed and hoping for a positive development of the Credit Suisse crisis.
Frankfurt Things have been turbulent on the stock exchanges after the collapse of two regional banks in the USA and in view of the reeling major Swiss bank Credit Suisse. And although the central banks in the United States and Switzerland are providing liquidity support, the US deposit insurance has stepped in and many experts confirm that there are two special problems, the markets only calmed down briefly last week.
Mistrust often spreads quickly in the financial markets and alarms investors. The volatility of the euro zone’s leading index, the Euro Stoxx 50, doubled in the past week compared to its historical level.
Investors wanted to get rid of bank stocks in particular at the weekend. At times, the Credit Suisse price dropped again by double digits, and other bank stocks and the entire stock market were also sucked into the maelstrom of uncertainty.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further