The much-awaited U.S payrolls number last Friday--which received a mixed response from markets--was quickly overshadowed by turmoil within the banking sector. The Federal Reserve announced on Sunday that it will make available additional liquidity to eligible depository institutions, to help assure banks have the ability to meet the needs of all their depositors. Market focus this week is likely to remain on banks and potential contagion effects, but macro insights--with Tuesday's release of U.S CPI numbers and Thursday's ECB meeting--will also remain prominent.
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