Wednesday, 8 September 2021

Financials and Energy Stocks May Have Upside Potential, XLF and XLE Look Attractive

Financials and energy stocks, with cheap valuations, may offer a compelling risk/reward profile heading into the fourth quarter as the economic recovery stabilizes.

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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...