Thursday, 1 September 2022

S&P 500 Holds the Bounce as Headwinds Grow Ahead of Non-Farm Payrolls Today

The S&P 500 has managed to maintain the rally off yesterday's low, but broadening risks appear to be building with Fed hawkishness and persistent China woes dampening the outlook.

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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...