Thursday, 14 October 2021

S&P 500, Nasdaq Rip as Yields Dip, Focus Shifts to Retail Sales

Stocks ripped higher today and this was a very encouraging move for bulls, but they had some help from bonds and tomorrow brings retail sales - can bulls hold the bid?

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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...