ECB Main Refinancing Rate:
- Current: 2.40%
- Forecast: 2.65%
- Previous: 2.90%
ECB Deposit Rate:
- Current: 2.25%
- Forecast: 2.25%
- Previous: 2.50%
ECB cut rates in line with market expectations. We see a small decline on EURUSD chart. The currency pair tests key support around 1.1346. Now the market is waiting for the conference after the decision, which will provide further details about ECB monetary policy in the nearest future and its outlook on current macro situation.
Source: xStation
Daily Summary: Wall Street Under Pressure Ahead of Nvidia Earnings and Gulf Tensions
NATGAS climbs on hotter weather outlook and tighter market balance
US Open: Waiting Mode Ahead of Nvidia Report
Will Wall Street rise further? S&P 500 companies report the strongest earnings growth since 2021