Wednesday, 28 September 2022

S&P 500, Nasdaq 100 and Dow Surge in a Comeback Rally Amid BoE’s Rescue Plan

Major U.S. equity indices rallied as US Treasury yields and USD tumbled after the Bank of England announced an emergency plan to stabilize the bond market.

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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...