Monday, 19 July 2021

Pershing Square SPAC Deal With Universal Music Group Falls Through

Bill Ackman’s Pershing Square Tontine acquisition vehicle backed out of a potential SPAC merger on Monday citing SEC scrutiny.

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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...