Credit Suisse gets lifeline. ECB faces unenviable task today.

Link to slide deck: https://bit.ly/3FuIoXD   - Today we continue to highlight the tremendous volatility in asset markets, particularly bonds, on the bank-centered turmoil and wonder whether the extension of a lifeline by the Swiss National Bank to Credit Suisse will provide any calm beyond the immediate relief that the latest weakest link isn't set to break. We also look at the ECB's impossible task at its meeting today as it juggles concerns with financial stability and its formerly most-hawkish guidance, we note the turmoil slipping into the commodity markets and much more. Today's pod features Garnry on equities, with John J. Hardy hosting and on FX. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic