Tuesday, 30 November 2021

Nasdaq 100 Sinks as Fed Weighs Faster Taper Timeline; Omicron Adds to Market Worries

Concerns about the Omicron variant, along with the Fed's message that it may be appropriate to taper asset purchases at a faster-than-planned pace to cool inflation weigh on U.S. stocks.

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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...