Sunday, 15 August 2021

Crude Oil Prices Extend Lower Amid Weaker US and Chinese Data

WTI crude oil prices pulled back on Monday as Chinese data disappointed investors. US consumer sentiment hit a decade low. Markets also weighed the impact of the Delta variant on 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...