Impacted on risk assets

While banking concerns

impacted heavily on risk assets, especially cyclical stocks, the financial markets displayed high volatility for the third week running.

After the Federal Reserve's "dovish" rate hike on Wednesday, selling has continued despite attempts by U.S. and European authorities to restore trust in the banking system and a brief relief rally triggered by the Credit Suisse (CS) purchase.

Large-cap indexes finished the week higher than they had begun it due to the tech giant's continued domination, while yields on U.S. Treasuries plunged to record multi-month lows as investors rushed to safety late in the week.