Monday, 28 October 2019

Hong Kong Slips into Recession, but Fed Meeting Steals the Spotlight

The Hong Kong economy, the 31st largest in the world, slipped into a technical recession according to the city’s Financial Secretary aid, yet the development has been largely overshadowed by the Fed.

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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...