Sunday, 11 July 2021

S&P 500 Hits Fresh Record, Will China's RRR Cut Boost Hang Seng?

Wall Street stocks closed at record highs as investors shrugged off viral concerns and focused on the earnings season. The PBoC cut RRR by 50bps for all banks on Friday, surprising investors.

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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...