Friday, 3 May 2019

Crude Oil Price: Outlook Hinges on Looming US-China Trade Deal Result

Crude oil prices slipped for the second consecutive week amid pressure on OPEC to boost production and an unexpected inventory build, but outlook is now centered around the US and China inking a trade deal.


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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...