Here is what you need to know on Thursday, March 16:
Wall Street indexes finished far from the lows on a wild session that included moments of panic. The Nasdaq scratched a 0.05% gain while the Dow Jones lost 0.80%. Expectations of central bank tightening continue to ease, boosting government bonds. The banking crisis reached Europe, with focus on the health of Credit Suisse (CS). The DXY gained more than 1%, erasing weekly losses, boosted by the risk-off scenario. Emerging market currencies were under pressure.
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