Thursday, 15 August 2019

S&P 500 Outlook Steadies Despite Recession Fears, EURUSD Tumble Not a Data Move

Risk assets managed to pullback from the brink of self-reinforcing selling this past session, though the fundamental spark that set the tumble into motion in the first place – recession fears – was still prominently displayed.


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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...