Thursday, 14 July 2022

S&P 500, Nasdaq 100 Come Back from Steep Losses, Retail Sales Data Eyed for Fed Clues

After a steep sell-off at the cash open, U.S. stocks manage to erase most of the losses, finishing the day largely flat in a context of increased risk-aversion.

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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...