Crude draws continue to support the oil complex
ICE Brent crude prices continued to rise, reaching, 76.4 $/b on early Thursday, amid drawing inventories in the US and despite a rise of the US…
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At the same time, the rebound of the USD reflects both this nervousness, but also the possibility that the anticipated tightening of ECB policy will be lighter than expected.
Japanese GDP growth was revised from +0.3% to +0.5% q/q in Q2. The economic calendar is still light today. The euro is trading below USD 1.184.