Wednesday, 26 July 2023

US Equity Indices Post FOMC: Nasdaq, S&P 500, Dow Price Setups

US equity indices were largely flat, hovering around year-to-date highs after the Fed hiked interest rates by the widely expected quarter percentage point. What’s next for the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq 100 index?

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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...