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Recent Posts by davin

US EIA data showed crude oil inventories rising 6.156M, far exceeding the 0.4M forecast estimate

US EIA data showed crude inventories rose 6.156 million barrels, far above the 0.4 million expected.

RBC economists say Canadian card spending rose slightly in February while discretionary goods purchases continued declining

Canadian card spending edged up in February, but discretionary goods fell; core retail improved slightly overall.

ING strategists say copper prices fell as LME inventories hit 2019 highs, driven by Taiwan, Baltimore inflows

Copper prices weaken as LME inventories hit highest since 2019, signaling softer demand and reduced bullish bets.

EUR/GBP remains steady as Eurozone inflation supports the Euro, while the Pound awaits BoE and ECB decisions

EUR/GBP steadied near 0.8638 as markets awaited BoE and ECB decisions amid inflation and energy-price risks.

Qatar’s foreign ministry warns Israel’s strike on Iran’s South Pars, linked to Qatar’s North Field, escalates danger

Qatar says Iran’s South Pars extends North Field, warns strikes threaten energy security; urges restraint, de-escalation.

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