Thursday, 7 December 2023

Oil Price Forecast: $70 a Barrel Holds Firm as China Adds to Demand Concerns

Oil prices continue to slide on Chinese demand and import concerns. Is the YTD low at risk of a retest?

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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...