How Has the ASX Markets Reacted?

With the UBS take-over of Credit Suisse dominating all the headlines, both stock and credit markets are under pressure, the latter due to fears on deeply subordinated bond exposures, which the Swiss regulator called worthless in the case of Credit Suisse. Markus Wachter, from Technical Analysis, gives some guidance on where support and resistance levels are across the major market indices.

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing) and Roman Canziani (Head of Investment Writing)

04:53 Technical update by Markus Wachter (Technical Analysis)

07:24 Closing remarks by Mike Rauber (Investment Writing)