Sunday, 2 May 2021

Dow Jones, Hang Seng, ASX 200 Outlook: Fed Tapering Fear Weighs on Markets

Stocks on Wall Street closed broadly lower on Friday as investors assessed lofty stock market valuations and hawkish Fed commentary. Chinese and Japanese markets are shut for holidays.

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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...