Friday, 6 March 2020

S&P 500 at the Precipice as Coronavirus Uncertainty Permeates Markets

The S&P 500 put in an early week bounce that could not hold, even with the Federal Reserve announcing an emergency rate cut of 50 basis points. Markets are in disarray ahead of the weekend.

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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...