Wednesday, 28 September 2022

Crude Oil Rallies with Gold Prices as Markets Entertain a Less Hawkish Fed After BoE QE

Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish Fed. Are traders setting up for disappointment?

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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...