Thursday, 4 November 2021

Crude Oil Price Outlook: WTI Eyes NFPs After OPEC+ Output Decision as Trend Breaks

Crude oil prices fell despite OPEC+ maintaining output hike trajectories for December. WTI is eyeing US non-farm payrolls as retail positioning offers a bearish contrarian outlook.

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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...