World markets set for aftershocks as SVB collapse ripples out

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

US stock futures rally as Fed acts on banks
U.S. authorities act to stabilise banks

Oil prices slip as concerns over rate hikes rattle investors
Brent crude futures fell 15 cents, or -0.18%, to $82.63 per barrel

Dollar slides as U.S. intervenes on SVB collapse
The dollar index, which measures the U.S. currency against six rivals, fell 0.153% at 104.080

Gold hits over 5-week high on weaker dollar, bank worries
Spot gold was up 0.5% at $1,877.30 per ounce

Wall St Week Ahead: Inflation data on deck for markets hit by worries about Fed, banks
On Friday, markets appeared to be dialing down their expectations for Fed hawkishness

Crypto firm Circle hit by Signature Bank closure
Circle plans to line up a new transaction banking partner with automated minting and redemption

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