Monday, 2 August 2021

Nasdaq Fluctuates Following Rosy ISM Manufacturing Report

Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid ISM manufacturing report that showed strong employment gains ahead of NFPs due Friday.

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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...