Monday, 21 August 2023

Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low

Outlook on FTSE 100, CAC 40 and Nasdaq 100 as the People’s Bank of China seeks to strike a balance between helping the faltering economy and stemming further weakness in the yuan

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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...