Monday, 12 October 2020

Nasdaq Leads Wall Street Gains, China A50 Surges as Xi Visits Greater Bay

Asia-Pacific equities opened broadly higher following strong US leads; big bank earnings are in focus. The China A50 may extend gains as Xi Jinping visits the Greater Bay Area.

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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...