Dollar unflinchingly holds position amid uncharted numbers
Investors who have been anticipating a decline in the dollar are facing frustration as the unexpected strength of the U.S. economy is actually boosting the currency. Currently, the dollar has experienced a 2.5% rise from its recent low against a range of currencies and is now approaching its highest level since March. This rally goes […]
Timeline until: Credit Suisse stumbled and UBS went to its aid
UBS Group (UBSG.S) has announced that the official completion of its takeover of Credit Suisse (CSGN.S) is expected to take place as early as June 12, facilitated by the Swiss authorities in an effort to prevent a broader banking crisis. The culmination of this merger signifies the end of an era for Credit Suisse, a […]
Relentless debt: US loans are dragging; root cause multiplies
Consumers who are confronted with soaring asset prices and increasing interest rates have limited choices when it comes to loans, and unfortunately, none of these options are particularly appealing. If individuals are considering purchasing a new home or car, it may be more advantageous for them to wait. However, if they are compelled to proceed […]