Wednesday, 29 July 2020

US Recession Watch, July 2020 - Shapes of the Recovery: J-Curve

The Q2’20 US GDP report will likely produce the worst quarter of growth data in US economic history. But markets are forward looking, right?

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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...