Monday, 9 August 2021

Crude Oil and Iron Ore Prices in Tailspin as Covid Seen Damaging China’s Growth

Crude oil and iron ore prices appear to be in a tailspin as the Delta Covid variant is forecasted to put the brakes on the Chinese economy as cases grow.

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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...