Tuesday, 16 October 2018

Dip Buyers Return to the S&P 500, Beware the EU Summit and US Government

The biggest rally for US indices in six months led to an audible sigh of relief amongst speculators, but is this a move that lasts against Trump’s pressure on the Fed, Brexit and Italian discussions at the EU Summit and other systemic risks?


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...