Brent
BRN on track to post the first weekly gain in four weeks?
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14 JUN clock 16:03

BRN on track to post the first weekly gain in four weeks?

BRN may be able to post its first weekly gain in the past four weeks following the lower PPI and an uptick in initial jobless claims reading.
Crude Oil Brent
Brent rebound could be tested by US jobs report
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07 JUN clock 13:33

Brent rebound could be tested by US jobs report

The price of the global oil benchmark has recovered back to the $80/bbl, for now. The incoming US nonfarm payrolls report could have a major say on whether Brent stays above or below that round number by the weekend.
Brent Oil OPEC+ US jobs report NFP Nonfarm Payrolls US Dollar
USDCAD set for its most volatile week of 2024
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05 JUN clock 11:26

USDCAD set for its most volatile week of 2024

Markets are expecting a Bank of Canada rate cut later today (Wednesday), while Friday’s US nonfarm payrolls (NFP) report could inject further volatility for USDCAD. These top-tier economic events could amplify the loonie's struggles.
CAD USDCAD loonie Bank of Canada Oil Brent
BRN to recover above 21-period SMA (~$82.793/bbl)?
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31 MAY clock 13:51

BRN to recover above 21-period SMA (~$82.793/bbl)?

BRN bulls are attempting to recover from yesterday's (May 30th) sharp slide following comments from US Fed officials. An unexpected rise in the EIA gasoline stock change (+2.022M vs. 0.40M expected) also weighed on oil prices, suggesting weaker demand ahead of the key summer driving season in the US.
Crude Brent
Brent to break below $80/bbl?
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24 MAY clock 14:36

Brent to break below $80/bbl?

Brent may be set to book its 5 consecutive days of declines today, remaining under significant pressure following the higher than expected (1.83M - actual vs -2.55M - expected) EIA crude stock change reading.
Crude Oil Brent OPEC+