Wednesday, 7 August 2019

Traders Shift Weight from Elevated VIX to S&P 500 Trendline

Trade war headlines are starting to lose their drive over risk assets, and speculators are taking notice. Panic may return at any time but the buy-the-dip mentality seems difficult to shake.


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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...