Stocks Slide as Key Psychological Levels are Broken. More Downside to Come?
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Stocks Slide as Key Psychological Levels are Broken. More Downside to Come?
from DailyFX – Market News https://bit.ly/3bEIhNg
via IFTTT
U.S. May core PCE falls on a year-over-year basis, cooling to 4.7% from April's 4.9%, but fails to improve market sentiment amid growing recession fears.
from DailyFX – Market News https://bit.ly/3uf7CUb
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The US dollar has broken higher in the last three sessions as equity markets turn South as risk-on sentiment disappears.
from DailyFX – Market News https://bit.ly/3AgfWXy
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Gold edging lower as firmer USD outweighs falling bond yields.
from DailyFX – Market News https://bit.ly/3ywe0sO
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EUR/USD is testing two-week lows after a hawkish Fed and hesitant ECB yesterday. U.S. inflation will be back under the microscope today along with the ECB’s Lagarde.
from DailyFX – Market News https://bit.ly/3aaItTM
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