Weekly Commodity Market Report: Oil, Gas, Gold, and More
Oil Prices Remain Supported Amid Supply Concerns
Oil prices remained strong last week, despite a slight correction on Friday driven by a stronger dollar...
As a Commodity Currency, CAD Gets Support from Rising Oil Prices
The Bank of Canada kept the overnight interest rate at 5.00%, as expected. As stated, the BOC remains concerned about risks to the inflation...
Navigating Economic Shifts: UK Inflation Dynamics
October delivered a significant drop in headline inflation in the United Kingdom, primarily driven by base effects stemming from energy prices. While core inflation...
GBPUSD: Cold Temperatures & Geopolitics Contributors to Natural Gas Surge
The second week of October saw UK natural gas futures prices increase by almost 50% to £160, an 8-month high from just £89 last week....
EURUSD: Weekly Review 16 – 20 October 2023
EURUSD on Friday's trading day was down -0.17%. Dollar strength weighed on the Euro. Additionally, comments from ECB President Lagarde on Friday weakened...
Events to Look Out for Next Week
The Nonfarm payrolls surprise once again with a strong pop which will increase risks for further Fed tightening this year and will push back...
