Miguel Bowden

European equities moved higher as ECB raises rates, U.S. treasury rates yield curve remains inverted near record levels and Gold prices remain high even though U.S. bank equities recover losses.

As both the Federal Reserve and the Chinese central bank shift their interest rate policies within a matter of 24 hours, the European Central Bank is to release their decision later today. European equity indices move generally lower ahead of the decision.

The Federal reserve pauses rate hikes for the first time in 2+ years, equities end up mixed and Euro and British pound appreciate versus the U.S. Dollar.