Thursday, 11 October 2018

US Sanctions Against Iran May Spark 1970s-Style Oil Crisis Fears

Crude oil markets may become gripped by fears of a 1970s-style crisis as the US re-imposes sanctions on Iran after withdrawing from a nuclear disarmament accord.

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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...