Sunday, 1 May 2022

Oil Rally May Stall on China Covid Woes, Fed Rate Hikes: Top Trade Opportunities

Oil prices surged in the first quarter on Russian sanctions and a rebound in global demand. China’s largest Covid outbreak since the pandemic started and a more aggressive Fed may halt the rally.

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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...