Monday, 12 October 2020

Crude Oil Outlook Mired by Stimulus Deal as Libya Lifts Supply

Crude oil price action remains volatile amid big shifts in market sentiment due to fiscal stimulus whiplash and headlines highlighting material changes to global oil production.

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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...