Tuesday, 11 January 2022

Nasdaq 100 & ARKK Blast Higher, but US CPI Data May Spark a Reversal. Dead Cat Bounce?

Nasdaq 100 & ARKK built on yesterday's recovery and posted big gains on Tuesday, but the rebound could soon be reversed if U.S. inflation data triggers further rises in bond yields.

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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...