Tuesday, 18 August 2020

VIX ‘Fear-Gauge’ Lifeless as S&P 500 Index Price Hits New Record

The VIX ‘fear-gauge’ is floundering with the S&P 500 Index closing at its all-time record high set in February prior to the onset of the coronavirus pandemic, but can stocks keep pressing higher?

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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...