Monday, 12 August 2019

S&P 500 Retreats and VIX Rises as Trade War Fears Remain Front and Center

Risk benchmarks opened to another week with a gap lower, but this time there was a USDCNH systemic break to base fear around. It seems that sentiment may force its own pain amid systemic uncertainties. .


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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...