Monday, 8 November 2021

Tesla Bounces After Gap, AMD Strikes a Meta Deal; S&P 500 Resistance

The Tesla fireworks continued even with Elon Musk talking up a possible sale of 10% of his shares. AMD caught a major bid after deal with Facebook/Meta was announced.

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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...