Tuesday, 28 July 2020

Nasdaq, S&P Outlook: FOMC Correction Potential as Hope Drives the Bid

In four months US equities markets have went from aggressively bearish to aggressively bullish, even as a global pandemic rages on. What will Powell have to say for tomorrow?

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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...