Thursday, 16 March 2023

Crude Oil Update: WTI Sell-off Pauses as the SNB Calms Banking Concerns

Oil markets appear eerily calm in the early London session as the Swiss National Bank eases some banking concerns. US crude stocks rise, adding to the selling 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...