Wednesday, 26 January 2022

Dow Jones Wobbles as the FOMC Signals March Rate Hike, Hang Seng Index May Follow

Dow Jones erased earlier gains and ended lower after Powell said he won’t rule out raising rates at every FOMC meeting this year. Tesla earnings beat. Asia-Pacific markets opened cautiously.

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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...