Generative Data Intelligence

Tag: EIA crude oil inventory

USD/CAD: BOC’s hawkish hold provides little relief for loonie – MarketPulse

Bank of Canada holds rates steady at 5.00% for a second straight meeting; keeps door open for future hikes Canadian dollar initially falls to...

Top News

Energy Prices remain strong as most commodities weaken on debt deal and growth concerns – MarketPulse

EIA Report: Inventories fall by 12.46 million barrels vs 932K expected build Gold struggles as sticky inflation could support Fed skip Global crypto market cap...

A busy Fed Day morning

Last round of data supports one last 25bp rate rise today Treasury announces buybacks in 2024 WTI crude plunges below as demand fears grow US stocks...

Commodities and Bitcoin rallies stall

Oil inventories drop as Saudis raise prices Gold rally stalls ahead of $2050 Bitcoin anchored at $28,000 Oil Crude prices are wavering after weakening US economic data...

US Close – Fed’s dovish hike trumped by Yellen not considering broad increase in deposit insurance, Oil rallies, Gold gets groove back, Bitcoin softens

Wall Street’s initial take on the Fed was that they delivered a dovish hike and that banking turmoil will finish the job of...

Week Ahead – More turmoil to come?

US A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation...

Mid-Market Update: Powell Part Deux, Labor Market still looks hot after ADP & JOLTS, Stocks struggle, Oil remains heavy, Gold wavers, Bitcoin softens

US stocks struggled to find direction after another round of labor data suggests this market will remain tight and on Fed Chair Powell’s...

Mid-Market Update: Strong start fizzled out on Fed worries, Nvidia impresses, Claims suggest labor market is not ready to loosen, Crude rallies post EIA...

US stocks initially rallied as traders become confident the Fed’s rate hiking campaign will be over after two or three more rate hikes....

Oil pares gains, gold softens

Oil Crude prices are higher on optimism the global economic outlook won’t get crushed from over-tightening by central banks. ​ The oil market will...

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP cools, No surprise from OPEC/US stockpiles rise, Gold higher, Crypto

US stocks went on a Fed rollercoaster ride; weakening after the statement suggested the Fed will stick to their rate hiking guns, but...

Crude higher, gold consolidates

Oil Crude prices are rising after the stockpiles posted a modest gain and a decent improvement with demand. ​ The EIA crude oil inventory...

Oil rebounds, gold falls as pressure remains on Fed

Oil Crude prices were due for a rebound after one the worst starts of a year. It’s been a few decades since oil had...

Oil lower, gold shines

Oil Crude prices declined as energy traders quickly abandoned bullish bets that we will see a price spike once the Russian cap on crude...

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?