Sunday, 15 August 2021

S&P 500 Hits Record Highs Despite Weaker Data, Chinese Retail Sales in Focus

Wall Street stocks advanced on Friday despite a plunge in US consumer sentiment, according to the University of Michigan. Asia-Pacific markets look set to open mixed with Chinese data in focus.

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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...