Tuesday, 12 July 2022

S&P 500, Nasdaq 100 Forecast: US Inflation Data May Fuel Volatility & Hammer Stocks

June US inflation data will be the main catalyst for price action to watch on Wednesday. Another hot report like May's could strengthen the case for aggressive Fed tightening, hurting stocks.

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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...