Tuesday, 15 March 2022

S&P 500 and Nasdaq 100 Soar, but Fed Could Kill Momentum. Another Dead Cat Bounce?

The S&P 500 and Nasdaq 100 rise on Tuesday amid widespread strength in the tech sector, but bulls may struggle to push the market higher if the Fed delivers a hawkish surprise on Wednesday.

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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...