Daily signals

Major US banks have invested $30 billion in First Republic Bank via deposits to save it after two US financial organisations collapsed last week.

Yesterday's US data release was overall positive.

Concerns about the resilience of the US banking sector are increasing.

The UK's labour market data beat analysts' forecasts.

In the absence of important economic news at the start of the week, the biggest trigger in markets remains the uptick of unemployment in the United States and the collapse of Silicon Valley Bank.

Late last week, hawkish rhetoric from US Federal Reserve leaders brought oil prices crashing down.

Fed Chairman Jerome Powell's comments that the Federal Reserve would likely be forced to raise interest rates higher than expected put pressure on US indices.

In two weeks, Bitcoin has lost more than 7% in value.

According to data from Eurostat, retail sales in February fell by 2.3% y/y, while most analysts predicted growth of 1.9%.

Producer Price Index data for the Eurozone confirmed the downward trend that formed at the end of 2022.