Tuesday, 13 September 2022

ASX 200 Tanks on Tempestuous US CPI Punching Treasury Yields Higher

The ASX 200 has been hammered by a global risk-off storm sweeping markets in the aftermath of a higher than anticipated US CPI that has the Fed in jumbo hike mode.

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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...