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15.12.2017 • 13:00 GMT+3
Majors Process Wave of Monetary Policy Updates, SPX Goes 84th Day Without Modest Drop
John Kicklighter
• The ECB and BoE rate decisions modestly shifted rate forecasts while Aussie, Kiwi and Loonie process bigger moves
• S&P 500 has now gone 84 days without a 1 percent slip - another extreme to add to a long list of complacency
• PBoC's increase in money market rates is a tepid move but potent reminder of the financial risk posed by China
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