Friday, 26 August 2022

S&P 500 Poised Ahead of Jackson Hole Where Markets Await a Potential Powell Pivot

The S&P 500 is at a crossroads as the markets test the Fed's resolve to tighten financial conditions to contain price pressures. Will Fed Chair Powell's address turn the S&P 500?

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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...