IBEX 35, FTSE MIB Forecasts: European Indices Struggle to Overcome Short-Term Resistance
IBEX 35, FTSE MIB Forecasts: European Indices Struggle to Overcome Short-Term Resistance Key Talking Points: IBEX 35 and FTSE MIB struggling to gather bullish momentum Expect a pretty dull session in Europe this morning as most attention will be focused in this evening’s FOMC rate decision. Despite no expectations of a change in current monetary policy, investors will be paying close attention to Powell’s address towards the bond market and increasing inflation expectations. Traders will also be looking out for any mention of extensions to the SLR exemption, which allows big banks to excl...
Source: dailyfx.com