Wednesday, 19 April 2023

FTSE, S&P 500 Latest: Inflation Concerns Weigh on Risk Appetite

UK CPI has led markets to anticipate a further 75 basis points of hikes to year end - weighing on the FTSE. Prominent Fed hawks have their say as S&P 500 finds resistance

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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...