Daily Archives: March 20, 2023

Macro Briefing: 20 March 2023

* Chinese leader Xi meeting with Russia’s Putin today in Moscow
* Central banks say they will boost liquidity to tamp down bank-crisis risk
* UBS is buying Credit Suisse in effort to tame risk of banking crisis
* S&P downgrades First Republic’s credit rating deeper into junk status
* US lawmakers will review merits of higher FDIC bank deposit insurance cap
* Lending to small firms and individuals expected to fall in wake of bank turmoil
* Gold rallies to 11-month high:

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