Friday, 11 October 2019

Gold Sinks, S&P500 Rises Further on Solid Consumer Sentiment Data

This morning’s Consumer Sentiment report from the University of Michigan beat estimates this morning as lower interest rates and inflation expectations bolstered consumer 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...