Wednesday, 14 August 2019

US Recession Watch - Yield Curve Inverts, But Panic When it Steepens

The US 2s10s curve has inverted for the first time since 2007, emphasising concerns of a slowdown in the global economy. Focus now on the Jackson Hole Symposium.


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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...