Wednesday, 21 August 2019

Crude Oil Prices Heads Higher, Canada Extends Oil Production Cuts - US Market Open

Brent crude futures are notably firmer this morning following broader risk sentiment and US oil inventory drop, while the South African Rand outperforms on lower inflation.


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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...