Thursday, 14 January 2021

Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan

The tech-heavy Nasdaq 100 index may continue to slide lower in the near term, weighed down by the notable climb in bond yields and the possible increase in taxation under a Biden administration.

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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...