Sell in May and go away was evident with global indices on the backfoot as trade war tensions escalated. Equity markets will be looking to ECB, NFP and Fed’s Powell for a change in fortune.
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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...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....
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