Monday, 29 August 2022

Dax 40 Dives as Equity Rout Widens After Fed Chair Powell Returned to Hawkish Script

Reserve Chair recalibrated markets into a higher for longer interest rate mindset. Will the Dax go lower?

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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...