Thursday, 3 September 2020

S&P 500 Sinks, Biden Leads Trump, China Releases New Chip Sector Plans

The S&P 500 experienced its biggest one-day slump since June 11 as China announced plans to boost domestic semi-conductor chip production. Biden continues to lead Trump in the polls.

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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...