Tuesday, 8 August 2023

​Nasdaq 100 and CAC40 Struggle to Move Higher, Hang Seng Falls Again After Weak China Data

Poor Chinese trade data has hit the Hang Seng hard, while in Europe and the US indices are struggling to extend Monday’s bounce into a second session.

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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...