Friday, 12 October 2018

S&P 500, Dow Face Critical Support as a Cavalcade of Key Events Rumbles On

The markets absorbed another shock of volatility this past week, but the critical technical milestones in holdout risk benchmarks (S&P 500 and Dow) held back the bearish tide. Will trade wars, yields, Euro-area crisis or other spark override these restraints?


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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...