Monday, 8 June 2020

WTI Crude Oil Turns to Growth Trends as OPEC Bounce Fades

Crude oil prices rallied following news that OPEC agreed to extend record production cuts, but tightened supply is only half the problem in a world of dwindling demand.

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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...