Tuesday, 15 November 2022

S&P 500 Rebounds but Reports that Russian Missiles Landed in Poland Cap Upside

The S&P 500 resumed its recovery on the back of weaker-than-expected PPI data, but finished the day off its best levels following reports that Russian missiles crossed into NATO member Poland.

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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...