Oil
Oil rises above $85/bbl amid geopolitical risks
icon
28 JUN clock 11:10

Oil rises above $85/bbl amid geopolitical risks

Fears of a widening conflict in the Middle East are pushing oil prices higher as it could potentially involve major oil producing countries in the region.
BRN is under pressure after reaching above $85.00 level
icon
21 JUN clock 10:22

BRN is under pressure after reaching above $85.00 level

BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
Brent rebound could be tested by US jobs report
icon
07 JUN clock 13:33

Brent rebound could be tested by US jobs report

The price of the global oil benchmark has recovered back to the $80/bbl, for now. The incoming US nonfarm payrolls report could have a major say on whether Brent stays above or below that round number by the weekend.
USDCAD set for its most volatile week of 2024
icon
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.
Brent bulls halted from reaching $90, for now
icon
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.