Wednesday, 14 August 2019

Crude Oil Price Outlook Weakens, AUDUSD Drops, US Yield Curve Sends Warning Signal - US Market Open

Equity markets have been fading yesterday’s trade tariff delay bounce as weak manufacturing data from China, alongside the US 2s10s curve inverting for the first time since 2007 weighs on risk sentiment


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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...