Marketmind: Signs of confidence re-emerge after bank storm

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Reuters UK

A look at the day ahead in European and global markets from Anshuman Daga Market gyrations are common but the scale of recent moves across asset classes due to a slew of bank takeovers has shocked even the most experienced traders and investors. Safe-havens such as gold and Treasuries are in high demand along with more speculative instruments, such as tech stocks and bitcoin, as worries over the banking crisis are boosting disparate assets. While UBS shares were hammered in early trading on Monday after its shotgun marriage with troubled Credit Suisse following an intervention by Swiss authori…

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