Thursday, 2 June 2022

Crude Oil Prices May Rise on NFPs after OPEC+ Meeting Boosted WTI to Resistance

Crude oil prices may extend gains from the OPEC+ meeting and EIA inventory data if US non-farm payrolls data disappoints and boosts the S&P 500. Will WTI breach key resistance?

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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...