Sunday, 19 May 2019

Crude Oil Price Rise on US-Iran Spat, OPEC Output Cuts May Fizzle

Crude oil price rose as US President Trump threatened Iran while OPEC mulled extending its output cut scheme, but a speech from Fed Chair Powell may see the move unravel.


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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...