Wednesday, 5 June 2019

Dow Overtakes 200 Day Average as Emerging Markets and Yields Extend Slide

The benchmark US indices have short-circuited the reversal patterns that they so publicly triggered this past week. Yet, the lack of commitment to this shift amid growth fears and trade wars should put bulls on guard.


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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...