Futures for European and U.S. equity futures advanced, Asian stocks pared losses and Treasuries fell Thursday as news that Credit Suisse Group AG would borrow money from Switzerland’s central bank provided a measure of calm for investors.
Contracts for Euro Stoxx 50 climbed more than 2% after Credit Suisse said it would borrow as much as 50 billion francs ($54 billion) from a Swiss National Bank liquidity facility as it seeks to raise debt.
The Swiss franc rose after its sharp selloff Wednesday while Treasury yields nudged higher following steep falls in the previous session.
