Oil
USDCAD set for its most volatile week of 2024
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05 JUN clock 11:26

USDCAD set for its most volatile week of 2024

Markets are expecting a Bank of Canada rate cut later today (Wednesday), while Friday’s US nonfarm payrolls (NFP) report could inject further volatility for USDCAD. These top-tier economic events could amplify the loonie's struggles.
CAD USDCAD loonie Bank of Canada Oil Brent
Brent bulls halted from reaching $90, for now
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26 APR clock 12:31

Brent bulls halted from reaching $90, for now

The global oil benchmark is set to bring an end to 2 consecutive weekly declines. However, the 21-day simple moving average (SMA) is currently standing in oil bulls' way, ahead of today's US PCE Deflators release.
Brent Oil Federal Reserve PCE GDP
Brent trades sideways amid supply-demand uncertainties
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12 APR clock 11:02

Brent trades sideways amid supply-demand uncertainties

For now, the upside impulses stemming from amplified supply-side risks are being counteracted by the downward drag from elevated US stockpiles and the rising prospects of delayed Fed rate cuts.
Oil Brent Middle East
BRN has slightly rebounded, trading above $85/bbl
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22 MAR clock 11:49

BRN has slightly rebounded, trading above $85/bbl

Brent prices are hovering around $85/bbl after a volatile period accompanied by Fed’s commentary and geopolitical developments in the Middle East.
Oil Brent
Brent climbs to 4-month high
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15 MAR clock 08:36

Brent climbs to 4-month high

Oil benchmarks have been lifted to their highest levels since November 2023, thanks to the IEA’s bullish forecast and the drawdown in US stockpiles.
Brent Oil US crude inventories Federal Reserve China