China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
Oil traders have been kept on their toes all day Thursday.
Markets had a lot of new information to digest, resulting in oil prices being whipped about over the past few hours.
Over an hour ago, the European Central Bank (ECB) wrapped up its latest policy meeting.
The ECB’s Governing Council, in describing its plans for removing support measures for the economy this year, stuck with using these 3 key words:
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...