Forex

The world's largest Palladium producer from Russia expects an almost balanced Palladium market in 2024, according to a press release published this week,…

The Canadian Dollar (CAD) remains under pressure into the end of the week amid rising trade tensions. The CAD pushed through 1.42 yesterday afternoon following…

OPEC has revised its forecast for oil demand downwards for the fifth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes. OPEC expects oil…

The usual leaks that follow ECB rate decisions emerged yesterday to suggest that policymakers are leaning towards 25bps cuts in January and March at this…

The US Energy Information Administration has not made any significant changes to its forecasts, Commerzbank’s commodity analyst Carsten Fritsch notes. The EIA…

UK activity data for October was soft. Monthly GDP fell 0.1%, versus expectations of a 0.1% rise, Scotiabank’s Chief FX Strategist Shaun Osborne notes.   GBP…

USD/CAD sees more upside as BoC Macklem kept doors open for more interest rate cuts. Monthly Canadian Manufacturing Sales rose by 2.1%, faster than…

Silver struggles at $31.00, declines over 1% to test the 100-day SMA amid rising US bond yields. Technical outlook sees potential consolidation between the…

Oil prices are in search to end the week on a high note by attempting to close above $70.00. Traders are torn in their choice between a possible short term…

Broadcom becomes the ninth US company to achieve a $1 trillion market cap. Broadcom stock surged 21% on Friday after CEO Hock Tan gave bullish guidance.…