Nasdaq 100, US Greenback, AUD/USD, RBA, GBP/USD, BoE
Market sentiment largely improved this previous week as all eyes had been on the tech-heavy Nasdaq Composite because it soared about 3.7%. Earnings from Fb, Amazon, Apple and Google – a part of the FAANG group – smashed expectations. The Dow Jones Industrial Average was left behind, ending the week -0.16% because the S&P 500 rose +1.73%. The haven-linked US Dollar sank additional.
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In the meantime the Federal Reserve left rates of interest unchanged at near-zero ranges with aggressive measures of unconventional stimulus to stay in place for the foreseeable future. A mixture of those developments might have stored markets jubilant regardless of what has been rising circumstances of the…
