Tuesday, 12 October 2021

U.S. Banks Prepare to Kick Off Earnings: JPM to Set the Tone for XLF

U.S. banks will kick off earnings season this week. Corporate results and profit guidance may offer clues about the health of the economy and loan demand, two key drivers of the sector.

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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...