Thursday, 23 May 2019

Crude Oil Price Outlook Weakens, Stock Markets Sink on Trade Fears

Crude oil has broken the recent uptrend - and an important Fibonacci retracement level - and looks likely to head lower as US-China trade talks fuel global growth fears.


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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...