Saturday, 9 February 2019

Oil Forecast: Fears of Slowing Global Growth to Limit Further Gains

Crude oil prices came under pressure this past week in response to the return of market angst over slowing global growth and a surprising US inventory buildup of about 1 million barrels.


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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...