Tuesday, 6 July 2021

Crude Oil Price Continues to Rally After OPEC+ Meeting is Abandoned

Brent crude is trading at highs last seen in late-October 2018 after the latest OPEC+ meeting was unexpectedly called off with no new output boost in view

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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...