Monday, 25 July 2022

Oil Price Forecast: WTI Susceptible to Recession Fears, US Q2 GDP on Thursday

Crucial week for oil since it generally tracks the state of the global economy. Divergence between the Fed’s and economists’ Q2 forecasts suggests elevated volatility

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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...