Thursday, 24 June 2021

Oil Price Outlook Hinges on OPEC JMMC Meeting

The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to restore production throughout the rest of the year.

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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...