Breaking: US weekly crude oil inventories rose by record 19.2 million barrels
US weekly crude inventories showed another record build last week as demand destruction from coronavirus pandemic continued
Trending
- US inflation rises less than expected in April but economists expect stronger impact from tariffs in coming months
- Dow Jones surges as trade deal boosts risk appetite
- Crude oil price rises further as positive moves in US-China trade talks improve the sentiment
- Gold price tumbles as waves of fresh optimism fade safe-haven demand
- Bitcoin holds gains above 100K, limited correction likely to precede attack at new record high
- WTI Oil regains levels above $60 as signals of US-China trade talks ease tensions
- Dollar Index – bullish bias above broken psychological 100 level
- BTCUSD nears psychological 100K barrier as easing trade concerns continue to boost bullish sentiment
- Bank of England cuts rates by 25 basis points as widely expected
- Cable – key support zone remains under pressure ahead of US-UK trade deal announcement / BOE interest rate decision