WTI Oil Enters Backwardation
Oil traders just provided another sign that the market is rebalancing. The WTI calendar spread for t...
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Canadian Manufacturing Drops to 9 Month Low
The pace of growth in the Canadian manufacturing sector slowed to a nine-month low in October as fir...
Fed Chair More Important Than FOMC Meeting
As investors eagerly await President Donald Trump’s Federal Reserve chair nomination, the central ...
Fed Expected to Keep Rates Unchanged
The Federal Reserve is expected to keep interest rates unchanged on Wednesday as speculation swirls ...
ADP Added 235,000 After Storm Effects Fade
U.S. companies added the most workers in seven months in October as hiring rebounded from an 11-mont...
USD/JPY – Yen Slips as ADP Nonfarm Payrolls Surge
USD/JPY continues to gain ground and has punched above 114 yen in the Wednesday session. In the Nort...
EUR Looking Bearish in Many Pairs (Video)
The most active pairing in the Euro is definitely the EURGBP. Brexit, ECB and BoE are all in the mix...
UK Manufacturing Sector Buoyed By Domestic Demand
British manufacturers reported robust growth last month and rising inflation pressures, adding to th...
Markets Rally Ahead of Fed Decision
Optimism Returns After Brief Consolidation US indices are on course to open around half a percentage...
USD/CAD – Canadian Dollar Flat Ahead of Fed Statement, Poloz Testimony
The Canadian dollar is almost unchanged in the Wednesday session. Currently, USD/CAD is trading at 1...
CAC Rally Continues on Strong Corporate Earnings
The CAC index continues to have a quiet week. Currently, the CAC is trading at 5,530.00, up 0.50% on...
DAX Jumps on Strong Corporate Earnings
The DAX has posted considerable gains in the Wednesday session. Currently, the DAX is at 13,442.00,...
EUR/USD – Euro Quiet on Lack of Eurozone Data, Fed Statement Looms
The euro continues to have a quiet week. Currently, EUR/USD is trading at 1.1634, down 0.11% on the ...
API Inventories Throw Fuel on Oil’s Fire
The first inventory figures of the weeks from the API showed a massive drawdown, fuelling crude̵...