Tuesday, 7 September 2021

S&P 500 Outlook: Will There Be a Market Correction in the Near-Term?

Slowing economic growth, deteriorating market breadth, elevated valuations, seasonal weakness and the prospect of higher corporate taxes pose risks to the S&P 500 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...