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Oil - private survey of inventory shows much larger draw than was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.This massive draw should be a tail...

September 19, 2023, 8:33 pm

Bank of canada's kozicki: big drivers in august cpi inflation was energy & gasoline prices

Bank of Canada Deputy Gov. Sharon Kozicki is speaking and says:One of the big drivers in August CPI inflation was energy and ...

September 19, 2023, 6:45 pm

Oil price predictions 2023: when will crude hit $100 per barrel?

As gasoline prices rise at the pumps, Americans are feeling the pinch, but the oil price bulls are havi...

September 19, 2023, 1:04 pm

Canada cpi jumps to 4% yoy on gasoline, above expectation of 3.8% yoy

Canada CPI accelerated to 4.0% yoy in August, up from July’s 3.3% yoy, above expectation of 3.8% yoy. The in CPI was largely the result of higher ye...

September 19, 2023, 12:43 pm

Procter & gamble: strong pricing power, but expensive

CPI increased to 3.7% YoY due to rising energy and gasoline prices, breaking its downtrend since Octobe...

September 16, 2023, 5:26 am

Weekly economic & financial commentary: fomc to stand pat, but keep door open to possibility of further hikes

Summary United States: The Best of Summer Gone, and the New Fall Uncertain The Consumer Price Index picked up 0.6% in August—the largest monthly gai...

September 16, 2023, 2:13 am

Rise in oil prices 'largely ignored' by the market: analyst

Stocks are lower following the start of the United Auto Workers strike against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis...

September 15, 2023, 2:59 pm

Us sept prelim umich consumer sentiment 67.7 vs 69.1 expected

Prior was 69.5Current conditions 69.8 vs 75.3 expected (75.7 prior)Expectations 66.3 vs 66.0 expected (65.5 prior)1-year inflation 3.1% vs 3.5% prior5...

September 15, 2023, 2:00 pm

Will a hawkish fed force tokyo’s hand amid fx intervention concerns?

In a week where higher gasoline prices elevated headline inflation, the US dollar tests the swing high ...

September 15, 2023, 1:09 pm

Gold price rebounds as fed seems done hiking interest rates

US Retail Sales increased sharply in August as service stations received higher revenue due to rising gasoline...

September 15, 2023, 10:14 am

Ecb hiked and paused

Market movers today An eventful week comes to a close with some inflation expectations data. In Sweden, Prospera’s quarterly survey should generally...

September 15, 2023, 6:02 am

Fx daily: sticky us inflation to keep dollar bid

Today sees the last majorinflation report ahead of the nextFOMC meeting on 20September. Higher gasoline...

September 13, 2023, 7:44 pm

Wti crude touches a fresh 2023 high but settles lower

Oil touched a fresh high this year of $89.64 but profit taking ahead of the big figure capped the gains and oil fell into settlement, with WTI finishi...

September 13, 2023, 6:34 pm

Nzd/usd gains ground and threatens the 20-day sma, upside limited

NZD/USD is seeing 0.30% gaina and rose to 0.5915. Inflation accelerated in August, driven by higher gasoline...

September 13, 2023, 4:59 pm

Gas price alert: why are gasoline prices so high right now?

Gas prices are the talk of Wall Street after the release of today's red-hot Consumer Price Index (CPI) report. The long-awaited inflation gauge came i...

September 13, 2023, 3:11 pm

Us eia weekly crude oil inventories +3954k vs -1912k expected

Prior was -6307Kgasoline +5560K vs +237K expectedDistillates +3931K vs +1303K expectedRefinery utilizat...

September 13, 2023, 2:30 pm

Ford to double output of hybrid f-150 pickups amid slow sales for evs

Ford Motor Co (F) will slash prices and double down on the production of its gasoline-electric hybrid F...

September 13, 2023, 12:30 pm

Private oil survey data shows a build for the headline crude number vs. draw expected

The inventory data from the private survey is out now, official data follows on Wednesday morning (US time). Via Twitter:Expectations I had seen centr...

September 12, 2023, 8:43 pm

Eia boosts 2023 world oil demand growth but cuts 2024 forecast

Sees world oil demand 50k bpd higher this yearSees demand 250k bpd below previous levels next yearSees 2023 demand up 1.81 mbpdSees 2024 demand up 1.3...

September 12, 2023, 4:05 pm

U.s. inflation expected to rise in august on soaring gasoline prices

The U.S. Federal Reserve will be on the lookout for signs that broader inflation trends continued to slow down in August—even as energy prices spike...

September 9, 2023, 3:04 am


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