The dynamic declines on Wall Street initiated during the latter part of today's session were abruptly reversed by US Treasury Secretary Janet Yellen, who stated that she would provide additional deposit support if needed. Yellen added that anti-contagion tools may be applied again. Strong actions are to be taken to ensure deposits are safe. Stock indices rebounded dynamically after the new statement.
Source: xStation5
Economic calendar: Eurozone CPI and central bankers speeches in focus
Morning wrap (03.03.2026)
BREAKING: US Manufacturing data above expectations! 📈🏭
BREAKING: Euro area manufacturing PMIs for February broadly confirmed a return to modest expansion