Markets Await ECB Decision
Burc Oran
July 21, 2022
ECB

Global Markets are waiting for European Central Bank’s (ECB) interest rate decision.

Global markets follow the balance sheets, corporate hiring policy news announced in the USA, political developments in Italy, and central bank decisions. Wall Street indexes were high on Wednesday. The S&P 500 rose 0.59 percent for two consecutive days for the first time in nearly two weeks. The Nasdaq 100, on the other hand, diverged positively, increasing 1.55 percent.

Wall Street indexes were high on Wednesday. The S&P 500 rose 0.59 percent for two consecutive days for the first time in nearly two weeks. The Nasdaq 100, on the other hand, diverged positively, increasing 1.55 percent.

Shares such as Bitcoin and Coinbase fell after Tesla announced that it had sold 75 percent of its Bitcoins.

On the other hand, while Microsoft announced that it will remove many new job postings, Ford is preparing to lay off nearly 8,000 people.

European futures are generally negative because of Italy’s government collapse.

Stay informed with market news by subscribing to our reading list.

FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.
The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

WARNING

Due to your regulatory authority, unfortunately, we cannot offer you our margin trading services.