Wednesday, 1 May 2019

S&P 500 Uptrend Still at Risk, Fed-Fueled Risk Aversion Cools in Asia

Fed-inspired risk aversion cooled in Asia trade with Japan, China offline. S&P 500 uptrend still undermined by bearish technical, sentiment signals as it eyes US initial jobless claims.


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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...