Monday, 22 August 2022

S&P 500 Price Update: US Equities Sell-off Ahead of Jackson hole, PCE Data

The S&P 500 dropped from the recent high as Fed speakers reaffirmed the appetite for more hikes, bolstering the dollar. PCE data in focus after cooler CPI earlier this month

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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...