Monday, 8 July 2019

Markets Risk Averse, S&P 500 Net-Short Bets Put Support In Focus

Equities are showing signs of risk aversion ahead of testimony from Fed Chair Jerome Powell, though S&P 500 net-short positioning may precede a turn higher as support looms.


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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...