WTI: Oil Price Bounces Strongly After Cracking Strong Support Zone.WTI oil price bounced from two-week low on Wednesday, retracing so far a good part of Tuesday's 2.1% drop, sparked by mostly unjustified optimism over potential positive outcome of US-Iran talks.
investingLive European markets wrap: Dollar steadies, oil jumps on US-Iran tensions.In Europe, the big news is that we could see ECB president Lagarde proceed with an early departure from the central bank. It is being reported that she could be eyeing an exit before the French presidential elections next year.