Tuesday, 3 August 2021

Dow Jones Rebound May Lift APAC Stocks, Alibaba Earnings Miss

Wall Street stocks ended higher on Tuesday amid robust US earnings and infrastructure hopes. Asia-Pacific markets followed higher on Wednesday despite regulatory concerns and Alibaba’s earnings miss.

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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...