Daily Market Review: Equities Trade in the Red, RBA Passes Unnoticed, EZ CPIs in Focus
Channel: JFD Brokers
Date: 01/09/2020

Daily Market Review by Charalambos Pissouros

EU and US equity indices slid yesterday, with the exception being Nasdaq, perhaps due to month-end rebalancing. Overnight, the RBA kept interest rates and its target on government bond yields unchanged at 0.25%, but increased the size of its Term Funding Facility. As for today, the main item on the agenda may be Eurozone’s preliminary CPIs for August.

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