Friday, 16 April 2021

Crude Oil Price Rise May Stall as Supply Swell Swamps Demand

Crude oil prices have mounted a spirited rebound thanks to heavy-duty outflow from US inventories but swelling supplies may cap upside follow-through.

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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...