Tuesday, 25 October 2022

Will Google Earnings Cut Down S&P 500 Recovery and How Serious is the Event Risk Ahead?

Risk appetite has been on a slow trajectory of recovery in the quiet between major event risk, but confidence for the Nasdaq 100 and S&P 500 may have been shaken by Google’s earnings miss. With a heavy macro docket ahead, volatility risks are high – as is the threshold to commitment to a clear trend.

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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...