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A calmer mood in markets ahead of European trading today

A calmer mood in markets ahead of European trading today
Are we ready to move past that US credit rating downgrade already? The US dollar definitely already has, focusing on the hot ADP employment data here yesterday instead. For what it's worth, the accuracy of the data in predicting the jobs numbers tomorrow is as good as throwing at a dart board but markets will find any good reason to react to it still.In the equities space, we did see a notable selloff in stocks with tech shares leading the downside. But the overall mood is calmer now, with US fu... Read More
Posted: Aug 3 2023, 04:13
Author Name: forexlive
Views: 080760

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