Wednesday, 24 July 2019

Iran and Brazil Open a New Front in the Global Trade War

Tehran threatened to cut key Brazil imports after a stranded Iranian oil tanker was barred from refueling off the Brazilian coast amid concern of incurring US sanctions.


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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...