Tuesday, 17 May 2022

Nasdaq 100 Skips Up Despite Fed Chair Powell’s Red-Hot Hawkishness. Where To for Tech?

The Nasdaq 100 continued to bounce off recent lows as decent data overcame a Fed Chair that's staring down inflation. A bear market rally or a turn for NDX?

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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...