Thursday, 9 June 2022

Nasdaq 100 Sinks as ECB Turns More Hawkish. ASX 200 at Risk, Eyeing China CPI Data

The Nasdaq 100 and tech stocks tumbled as the ECB, another major central bank, turned more hawkish. Australia’s ASX 200 is looking vulnerable, eyeing Chinese lockdowns and CPI data.

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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...