Wednesday, 27 January 2021

Crude Oil, Gold Prices at the Mercy of Risk Trends Ahead of US GDP Data

Crude oil and gold prices are at the mercy of risk trends following the worst day on Wall Street in about 3 months. Will fourth-quarter US GDP data bring back calm into the markets?

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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...