Wednesday, 13 October 2021

Crude Oil Forecast: Rally Stumbles on API Inventory Build, OPEC Report

Crude oil's rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.

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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...