Thursday, 29 November 2018

FTSE Chart Analysis – Lifting on Heels of Surge in S&P 500, but Not Meaningful

Shortly after Europe trading closed U.S. stocks surged on Fed Chair Powell's softening hawkish tone; but it may only be a temporary shot in the arm, especially for non-U.S. markets.


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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...