Wednesday, 3 November 2021

Russell 2000 Explodes to Record High as Fed Taper Fails to Dent Risk Appetite

Russell 2000 charges higher and sets a new all-time high, supported by improving U.S. economic data and signs that the Fed will not rush to raise interest rates despite elevated inflation.

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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...