Thursday, 30 July 2020

Russell 2000, US Stocks May Rise Despite Dismal Q2 GDP Data

The Russell 2000 small-cap stock index looks poised to rise despite US GDP expected to contract the most since 1947, as the FOMC maintains dovish forward guidance policy.

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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...