Monday, 17 July 2023

WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

Oil prices finished last week on the back foot with underwhelming Chinese data this morning unlikely to help. Are we in for a retracement before bullish continuation?

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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...