Thursday, 10 December 2020

ASX 200, S&P 500 Index Forecasts: Healthy Correction Underway

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker US jobs data sank the US Dollar.

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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...