Tuesday, 4 May 2021

Nasdaq 100 Tumbles as Yellen Comments About Rate Hikes, Hang Seng and ASX 200 May Fall

Nasdaq 100 index plunged 1.85% as US Treasury Secretary Janet Yellen said interest rates may have to rise moderately as a recovery strengthens. The Hang Seng and ASX 200 indexes may follow lower.

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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...