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Tag: Crude prices

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Can Crude prices Keep Going Higher? – Orbex Forex Trading Blog

Crude prices have become increasingly harder to predict, particularly in the medium- to long-term. Analysts have made a series of miscalculations about supply and...

US and Global Trade Balances: More Upside for Dollar? – Orbex Forex Trading Blog

As the global economy loses dynamism, the lack of growth isn’t evenly distributed. That means some currencies stand to gain, while others lag. The...

Canadian Jobs Numbers to Keep BOC on Hike Watch? – Orbex Forex Trading Blog

Canada has had some good economic data recently, such as the retails sales figures which surprised substantially to the upside. But many analysts fret...

What to Expect from Controversial OPEC+ Meeting – Orbex Forex Trading Blog

OPEC will meet to discuss production cuts tomorrow, with the focus on the preceding JMMT meeting which will provide recommendations on what to do....

Trading Crude Oil Prices Surge Above $81

Navigating Trading Crude Oil Market Dynamics and the Impact on Gulf Economies In a dynamic week for global oil markets, the crude prices have surged...

Global Energy Concerns Drive Fluctuations in Oil Trading

Oil Trading and Gasoline Markets Experience Mixed Settling Amid Global Energy Demand Uncertainties The energy market witnessed fluctuations as December WTI crude oil and RBOB...

USD/CAD: Surges to highest levels since October 2022; Commodity prices remain volatile on geopolitical headlines – MarketPulse

Loonie lower as oil prices pare earlier gains Overnight Index Swaps eye BOC’s next move as a rate cut in H2 2024 Fed funds futures...

ECB Meeting, Anything to Shake Up the Markets – Orbex Forex Trading Blog

The consensus among analysts is that the ECB will be true to its word when it meets tomorrow, and not change policy. But, that...

Can Flash October PMIs Turn the Markets Around? – Orbex Forex Trading Blog

Global equity indices have been on the backfoot this month, thanks to a drop off in risk appetite. Normally October is a time of...

USD/CAD: Loonie rally stalls ahead of key support; Commodities Diverge – MarketPulse

Oil rally cools and prices settle below $86 a barrel US diesel export to Europe approach highest levels since 2019 Wall Street awaits key CPI...

USD/CAD: Canada’s payroll report outperforms the US – MarketPulse

Canada’s economy added 63,800 jobs, in September more than tripled expectations Canadian wages rose 5.3% vs 5.1% eyed and a 5.2% prior BOC rate hike...

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