Tuesday, 16 November 2021

S&P 500 Flirts with Record Close as Consumer Strength Boosts Confidence in the Economy

Strong U.S. retail sales data bolsters confidence in the economic recovery and increases appetite for risk assets, pushing the S&P 500 closer to its record high.

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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...