Monday, 8 July 2019

S&P 500 Not Tumbling at Week’s Start is Significant, Market Monetary Policy Focused

Normally, the benchmark US equity indices’ ability to avoid capsizing is not exactly occasion for enthusiasm; but when markets are as troubled as they were last week by monetary policy headlines, it deserves attention.


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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...