Tuesday, 14 July 2020

Dow Jones Price Outlook: Bank Earnings Warn of Unusual Recession Ahead

Earnings from some of the largest US banks were scattered across the board, but nearly every report warned of a prolonged recession in the wake of coronavirus.

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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...