- Spot Return: price return on specified commodity futures contracts;
- Roll Yield: impact due to migration of futures positions from near to far contracts; and
- Collateral Yield: return earned on collateral for the futures.
Investors await a European Central Bank decision on rates, and Credit Suisse settles with the Department of Justice.
Credit Suisse has finalized a multi-billion dollar settlement with the U.S. Department of Justice. The bank will pay $5.3 billion to settle claims it misled investors.
European stocks were mixed in early trading Thursday ahead of the first interest rate decision of the year for the European Central Bank.
Credit Suisse Group shares gained Thursday after the investment bank followed rival Deutsche Bank in finalizing a multi-billion dollar mortgage bond settlement with the U.S. Department of Justice.