The local share market look set to open higher after calm was restored on global markets overnight. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Good morning and welcome to our live markets blog for this Tuesday — I'm business reporterIt was the first session of the week for European and US markets overnight and things were pretty positive.
Global bank shares rebounded afterDeutsche Bank shares rallied more than 6 per centUS regulators said on Monday they would backstop a deal for regional lender First Citizens to acquire failed Silicon Valley BankThe deal comes after the Federal Deposit Insurance Corporation took over Silicon Valley Bank on March 10 after depositors rushed to pull out their money in a bank run that also brought down Signature Bank and wiped out more than half the market value of several other US regional...
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