Oil prices on the rise again
The price of Brent crude oil has risen by $2/b from yesterday morning and is now trading at $88.5/b, despite the further decline in 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.