Friday, 2 August 2019

Crude Oil Weekly Forecast: Curbed by Trump’s Tariffs, Growth Fears

The price of US crude oil fell by nearly 8% (high/low) Thursday after US President Donald Trump announced that he will apply a 10% tariff to $300 billion of Chinese imports on September 1.


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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...