Tuesday, 7 December 2021

Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

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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...