Monday, 10 January 2022

Crude Oil Prices May Turn as Markets Weigh Inflation, Fed Outlook

Crude oil prices stalled near the $80/bbl figure on the WTI benchmark as US jobs data flagged ‘stagflation’ worries. How the Fed may respond is in focus this week.

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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...