Friday, 7 September 2018

Trade Wars and an Emerging Market Crisis Likely To Keep Oil Volatile

Crude oil fell 6% from Tuesday to Friday as the Emerging Market crisis escalated, but bulls have reason to remain hopeful as demand in China remains robust and supply may soon wane.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...