After positive news flow related to the acquisition of SVB, Asian bourses ended little changed today and futures point to a positive opening for European equity markets, while in FX markets, high volatility across equity markets has become a catalyst for the roller-coaster ride of major currency pairs.
Most significant local equity markets on Friday were not unmoved by the new turbulence linked to Deutsche Bank. Signs of improved risk sentiment this morning in the Hungarian market. In other news from the region, the FY2022 economic results of the banking sector in Cyprus were the most robust since at least 2017.
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