Tuesday, 26 July 2022

S&P 500 and Nasdaq 100 Fall on Recession Fears ahead of Fed Decision. What’s Next?

US stocks sank Tuesday amid growing recession fears after the IMF said the global economic outlook has darkened and US consumer confidence fell to its lowest level since February 2021.

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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...