TD Securities’ Ryan McKay argues that Crude Oil is far from oversupplied, with high-frequency global and Chinese balances still pointing to tightness. McKay expects ongoing market deficits, inventory drawdowns and the rebuilding of buffers to keep prices elevated, projecting a recovery toward $90/bbl and possible extension toward $100/bbl as structural…
Headlines
See All
National Bank of Canada ’s (NBC) Stéfane Marion and Kyle Dahms describe the Canadian Dollar (CAD) as caught between improving domestic growth and a still-challenging external backdrop. USD/CAD recently rose above 1.42, with forecasts easing to 1.33 by Q2 2027. Lower Canadian inflation, weaker Gold and Oil, and lingering Canada-United States-Mexico Agreement (CUSMA) uncertainty cap near-term CAD upside, though pro-growth policy and trade clarity could support a stronger loonie in 2027.Growth rebound but limited FX…
The USD/JPY pair extends the previous day’s late pullback from the vicinity of mid-162.00s and…
West Texas Intermediate (WTI) oil price gains ground after registering modest losses in the previous…
Most Popular
Finance news
View More
At age 54, one of the top soccer players in history is still thinking about how she should have listened to her mom as a young athlete.”She told me all the time to stretch,” Mia Hamm told Business Insider. “As a young player, my warmup was much shorter, and the…
Business
View More
A luxury shampoo is being recalled nationwide due to concerns the product may be contaminated with bacteria, according to the Food and Drug Administration. Kao USA Inc. is voluntarily recalling select lots of Oribe Serene Scalp Densifying Shampoo in the U.S. and Canada after Pluralibacter gergoviae bacteria was found during…
Markets
View More
xAI is no more.The AI company founded by Elon Musk and acquired by his rocket company earlier this year has officially rebranded to SpaceXAI, debuting a new logo and an update to its username on X.SpaceX acquired xAI — including its flagship chatbot, Grok, as well as X — in…
