Tuesday, 5 November 2019

Crude Oil Outlook: Brent Eyes Brazil Auction Amid Trade War Talks

Crude oil prices may rise if Brazil’s oil auction shows investors are feeling bullish on the commodity amid market-wide optimism over US-China trade talks despite OPEC’s gloomy outlook.

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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...