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Treasury's Yellen says 'additional actions' would be taken if warranted
The head of the US Department of the Treasury believed that extra steps would indeed be taken to stabilise the country's financial system - if necessary.
Friday preview: Global PMIs, UK consumer confidence in focus
Financial markets' focus at the end of the week will be on a raft of purchasing managers' surveys scheduled for release in the UK, euro area and US.
Sector movers: Precious metals mines pace gains, Tech also catches a bid
Precious metals miners paced gains on Thursday as futures on the underlying metals surged amid concern around the global banking sector and helped by recent softness in the Greenback.
Europe close: Stocks finish off lows, tech leads, UBS in focus
European shares ended the day on a mixed note but well off their worst levels as investors digested US policy announcements the night before.
Euro area consumer confidence is little changed in March
Consumer confidence in the euro area was little changed in March.
US new home sales grow more slowly than expected in February
New home sales in the States grew more slowly than anticipated last month.
Weekly US jobless claims continue to point to tight jobs market
Weekly unemployment claims figures in the US continued to point to a tight jobs market.
BoE hikes by 25bp, says inflation likely to fall sharply over rest of 2023
The Bank of England went ahead and raised rates as expected, saying that global growth was expected to be stronger than anticipated in the February Monetary Policy Report.