Recent concerns about some US banks extended to Europe, causing a global flight to safe haven instruments. The S&P500 is down 1.6% and the Eurostoxx50 is down 3.5%. Bond yields plunged and the usually defensive USD rose sharply.

Recent concerns about some US banks extended to Europe, causing a global flight to safe haven instruments. The S&amp;P500 is down 1.6% and the Eurostoxx50 is down 3.5%. Bond yields plunged and the usually defensive USD rose sharply.

16Mar23

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. 

Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

Business

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

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