Tighter Sanctions On Russia Spurs Oil's Surge And Lifts Yields
The dollar is trading quietly in mostly narrow ranges against most of the G10 currencies. The key development has been the escalation of pressure on Russia from a new round of sanctions by the US and EU.
Bank Of Canada Set To Cut Again Despite Inflation Uptick
Lingering trade-induced uncertainty continues to weigh on Canadian activity and carries risks of broader jobs market deterioration.
EUR/USD Outlook: Consolidating Under 1.16 Amid Mixed EU-US Signals
The euro remains steady amid signs of resilient growth and the ECB’s policy guidance.
Daily Market Outlook - Thursday, Oct. 23
Asian markets took a hit, and gold faltered, as a week that started with positive risk sentiment shifted to concerns over corporate earnings and escalating trade tensions.
Gold Price Is Tanking (What You Need To Know)
After a truly epic run, precious metals are now getting pounded.
Two Trades To Watch: FTSE 100, EUR/USD Forecast - Thursday, Oct. 23
FTSE 100 rises, lifted by oil majors as oil prices jump. EUR/USD slips lower as renewed US-China worries support USD safe haven demand.
Oil Prices Surged Following New Sanctions Against Top Russian Oil Companies
WTI crude oil prices rose by more than 2% on Wednesday and gained another 3% on Thursday following reports of new US sanctions against Russian oil companies.