Thursday, 20 May 2021

Nasdaq 100 Surges on US Jobs Data, Boosting Nikkei 225 and ASX 200

The Nasdaq 100 index rebounded strongly amid favorable jobs data and a weakening US Dollar, as fears about inflation eased. APAC markets look set to trade higher following a positive lead.

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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...