US Crude Ticks Up After US CPI, Holds Most OPEC-Inspired Gains
OPEC and the IEA have both upped their oil-demand forecasts while US inflation report bolsters hopes that rates will stay on hold
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OPEC and the IEA have both upped their oil-demand forecasts while US inflation report bolsters hopes that rates will stay on hold
A strong end to the week with risk markets popping higher going into the weekend. The VIX ‘fear gauge’ fell by over 7% on Friday and is back testing lows last see in mid-September.
The first ticket is a warning, but unpermitted recreational vehicle owners will begin facing penalties next month when they park overnight on city streets.
USDCAD bulls continue to struggle to push beyond the 1.3700 mark. The Downside remains capped thanks to the Dollar Index which continues to hold the high ground. Where to Next?
Oil prices continue to fluctuate on the uncertainties in the Middle East. A dip today as a deal has been struck with Venezuela, could we be in for a deeper retracement?