Tuesday, 28 September 2021

Nasdaq Tanks on Rising U.S. Yields, ARKK Appears to Confirm Double Top Pattern

Rising US Treasury yields weigh on the equity market, with tech and growth companies bearing the brunt of the sell-off as traders rotate out of high-flying stocks with elevated valuations.

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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...