CIBC didn't change its forecast for a terminal rate of 4.25% from the Bank of Canada in light of today's hike to 3.75% versus 4.00% expected but they did note lower growth estimates."The...
Prior was -1725KGasoline -1478K vs -805K expectedDistillates +170K vs -1138K expectedRefinery utilization -0.6% vs +0.3% expectedSPR draw of 3.4m vs -3.4m expectedImplied oil demand 20.587m vs 20.761m priorGasoline implied demand +252k bpdAPI data...
In late October 2012, the Federal Reserve met under Ben Bernanke and decided to continue quantitative easing at a pace of $85 billion per month and leave rates at 0-0.25%.One voice who spoke...
Prior was +16.1% (revised to +16.0%)m/m 20-city index -1.3% vs -0.5% expectedLargest one-month drop since March 2020FHFA data:Prices +11.9% y/y vs +13.9% priorPrices m/m -0.7% vs -0.6% priorThe housing market is certainly cooling...
<p>All accounts point to Chinese spies being the suggested 'nation-state actors' in this press conference. We'll see, as it starts in a couple minutes.</p><p>The US-China relationship is heading towards an irreparable state and...
