🎉Happy Friday!
🇮🇹Mario Draghi resigned as Prime Minister of Italy and dissolved the government. Early elections will be held in October. Such a political crisis creates additional difficulties for the region.
🇪🇺Meanwhile, the euro fluctuated from a 50 bps increase in interest rates by the European Central Bank, the first increase in 11 years. EURUSD now is 1.0194.
💯The Nasdaq Composite Technology Index added 1.3%, while the S&P 500 rose 1%.
📈Amazon shares have risen for the seventh day in a row, bringing the e-commerce giant closer to its longest winning streak since June 2020.
📉AT&T stocks fell 8% despite a better-than-expected earnings report after the company announced a full-year free cash flow guidance cut.
❗️Don’t miss: German Flash Manufacturing & Services release is in 30min! Use the chance to trade EUR!
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