Cardano goes smart [Video]
|The European Central Bank (ECB) announced to start slowing down PEPP purchases, as President Christine Lagarde insisted that this is not tapering.
The US producer price data, due today, is expected to reveal a further acceleration in factory-gate prices, which could fuel the Federal Reserve (Fed) tapering expectations and weigh on the market mood as the covid news get uglier by the day.
And China is now selling strategic oil reserves to lower energy prices to temper inflation.
Elsewhere, the Chinese tech stocks could be recovering some of losses recorded on the latest news that the government would pause online game approvals.
And finally, Cardano will be launching start contracts on September 12.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.