Thursday, 3 June 2021

Crude Oil Prices Soar on Demand Hopes, US Inventories and Jobs Data Eyed

Crude oil prices soared to a 32-month high amid hopes for a post-Covid pickup in demand. EIA inventories data and Friday’s US jobs report are now in the spotlight.

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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...