Crude oil is racing higher and approaches a key target area. What next?
Crude oil futures are racing higher, up roughly $5 or 5% on the day, and pushing into a key decision zone. The move t ...
EIA weekly crude oil inventories -6234K vs -231K expected
Prior was Gasoline -6075K vs -2136K expectedDistillates -4494K vs -2194K expectedAPI data from late yesterday:Crude - ...
How and why all the Bank of Canada forecasts changed in the latest MPR
Here are the changes in today’s MPR:GDP growth (annual)Essentially a wash on growth. The Bank explicitly states ...
USDCAD moves to new session highs. Extends above 1.3700 and looks toward 1.3715
The USDCAD is pushing to new session highs after the Bank of Canada left rates unchanged, with the central bank signa ...
Bank of Canada statement from the April 2026 rate decision
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit ...
Bank of Canada rate decision: Hold at 2.25% as expected
Prior was 2.25%BOC says “the labour market is soft”The Bank’s outlook assumes tariffs remain unchanged an ...
The USDCAD is marginally lower ahead of Bank of Canada decision. What are the key levels?
The Bank of Canada will announce or constrict decision at 9:45 AM. BoC expected to hold rates at 2.25%, maintaining a ...
USD/JPY nears 160.00. What’s at stake for the yen
Keep an eye on USD/JPY today. It’s risen another 10 pips in the past few minutes and is up 33 pips on the day t ...
US March Trade advanced goods trade balance -$87.8B versus $-86.95 billion estimate
Prior was $-83.5 billionDetails:Trade deficit widened to $87.9B in March (vs. $83.5B in February)
Deficit increas ...
US March housing starts 1.502m vs 1.400m expected
Prior was 1.487mBuilding permits 1.372m vs 1.390m expThe New Residential Construction report, published jointly by th ...
US durable goods orders for March +0.8% vs +0.5% expected
Prior was -1.4% (revised to -1.2%)Durable goods orders ex-transport +0.9% vs +0.4% expectedPrior ex-transport +0.8% ( ...
The USD is higher ahead of the data dump and FOMC rate decision
The focus today is firmly on the Federal Reserve, with the FOMC expected to leave rates unchanged when the decision i ...