Monday, 8 October 2018

Weekly Fundamental Forecast: Dow Looks to Reconcile with Global Risk Trends, FX Markets Deal with Systemic Themes

The US equity indices have diverged widely from global peers and other risk trends through recent months. Will this incredible disparity balloon even further or perhaps start to converge in the week ahead as trade wars, monetary policy and political risk crowd the headlines?

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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...