Thursday, 9 March 2023

S&P 500 Outlook: All Eyes on US Jobs Data, Good News May Be Bad News for Stocks

The S&P 500 moves without conviction on Thursday as traders avoid taking large directional bets on risk assets ahead of Friday’s U.S. jobs report – the next big catalyst for the equity 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...