Investors Thrilled by ECB Rate Cut, Greece Drops Referendum

Volatility remained as driven policy changes. Equities rallied as the ECB cut interest rates surprisingly and Greece decided to cancel the referendum. Wall Street jumped with DJIA and S&P 500 gaining +1.76% and +2.20% respectively. In the commodity sector, both crude benchmarks jumped with WTI and Brent contracts rising +1.69% and +1.36% respectively.

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Investors Thrilled by ECB Rate Cut, Greece Drops Referendum