Wednesday, 1 September 2021

Nasdaq 100 Starts the Month with Bullish Bias & Ekes Out Record Close. Now What?

Nasdaq 100 starts the month with a positive bias and sets record closing high on the back of low U.S. Treasury yields, but downside risks continue to build in the near term.

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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...