<p>Oil prices remained steady near the $41 per barrel even with the announcement of a surprise 10-million-barrel slump in US oil inventories last week. There is a clear toppish sentiment in oil
The British Pound may fall against the US Dollar if a gloomy tone from the Bank of England sets the stage for stimulus expansion and sours overall risk appetite.
European Central Bank has a specific idea on the appropriate spreads says Bloomberg, citing an unnamed source. This is a bearish EUR development at the margin.
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