Oil dropping hard to open the week’s trade
Summary
By sueyangfx.com October 25, 2020 at 10:27PM US Sunday evening oil markets are open, CL down about a dollar There is plenty of bad news about on the surge in coronavirus cases in Europe – and there is little doubt […]
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- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
October 25, 2020 at 10:27PM
US Sunday evening oil markets are open, CL down about a dollar
There is plenty of bad news about on the surge in coronavirus cases in Europe – and there is little doubt that further restrictions will be implemented very soon which will once again cut into economic activity and hence demand for oil.