Tuesday, 25 February 2020

Crude Oil Edges Back Under $50 as Markets Fret Viral Demand HIt

The crude oil market weakened perhaps a little less than its equity equivalent on Wednesday but fears that the coronavirus will hit demand hard still dominate.

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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...