Friday, 10 May 2019

S&P 500 and Dollar Hold Firm, VIX Eases Despite Trade War Escalation

That wasn’t the market reaction we would naturally expect. Trump raised the tariffs on China imports to end this past week but risk assets not only held, they recovered. Is speculative appetite impervious? Not at all.


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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...