Monday, 15 August 2022

Crude Oil Update: Brent Prices Ease as Chinese Economic Data Hurts Commodities Complex, Dollar Bid

Brent crude oil prices slipped on Monday morning after Chinese data missed estimates on multiple fronts, while a stouter USD sustained the downside pressure.

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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...