The major European indices are closing higher and near their highs for the day. They also erased earlier declines. The Bank of Canada shift to 50 BPs instead of 75 BPs gave investors...
US Dollar talking points:It’s been a week of pullbacks in markets as stocks have rallied and the dollar has dropped despite a seemingly negative backdrop of disappointing corporate earnings. The big driver...
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...
USD/ZAR Latest:USD/ZAR lower after being rejected by 18.500.US Dollar weakness supports emerging market currencies.South African Rand resilient after the release of the medium-term budget.
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Bank of Canada, USDCAD – Talking PointsBank of Canada hikes benchmark interest rate by 0.50%USDCAD rockets higher, trading back through 1.3600
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