Sunday, 1 August 2021

Crude Oil Prices Drop After Weaker China PMI, Viral Resurgence

WTI crude oil prices pulled back on Monday following the release of weaker-than-expected China NBS PMI figures. Markets also weigh the impact of the Delta variant on global energy demand.

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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...