Tuesday, 2 May 2023

Crude Oil Price Punished Ahead of Fed on Recession Fears. Will WTI Push Lower?

Crude oil is on the back foot as recession alarm bells are ringing with US banks and data undermining confidence. If the Fed turns more hawkish, will it stoke more slowdown fears?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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