Forex News: 22/07/2022 - ECB hikes big, euro unimpressed; stocks wobble on earnings doubts

Euro jumps then falls on ECB’s surprise 50-bps hike as Lagarde fails to inspire confidence. Weak PMIs, Snap’s ad warning and rise in US jobless claims re-ignite slowdown concerns. Dollar firms but fallout in equities contained by sliding bond yields.

0:00 Intro
0:18 ECB policy decision
1:19 Italy worries
1:31 Eurozone PMIs
2:02 US PMIs
2:25 Stocks and earnings
2:58 Events ahead

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