Wednesday, 23 June 2021

S&P 500 Retreats as Investors Mull Tapering, Hang Seng and ASX 200 May Fall

The S&P 500 index pulled back slightly as several Fed officials gave hawkish signals. The 2-year Treasury yield climbed to a 14-month high. APAC markets opened mixed.

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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...