Sunday, 3 May 2020

Crude Oil Recoups Some Losses Despite New US-China Trade Tensions

Crude oil prices made a comeback last week as production cuts previously agreed started to come on stream. Now worries that new sanctions on China could come from the US have set it back again.

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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...