Monday, 6 December 2021

Evergrande Shares Slump to a Multi-Year Low on Fresh Default Fears

Chinese property developer Evergrande Group is on the cusp of defaulting after warning Friday that it may not have the money to pay its obligations.

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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...