Thursday, 20 December 2018

S&P 500 and High Yield Credit Extend Plunge as Government Shutdown Threat Revived

Post-Fed risk aversion has been renewed by the treat of a US government shutdown, adding fundamental weight to an existing downtrend.


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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...