Research Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Last week Crude Oil has rebounded to $34.40 from the $27.56 lows set in late January on the back of rumors of a 5% cut in oil production to be discussed at an emergency OPEC meeting that was to take place in March or as early as February. The 25% pop is likely to be … Read moreResearch Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Forex Outlook: Canadian Dollar Bears and Doves

It is no secret that the CAD has been sliding. Amidst a surprise 25 bps cut at the last Bank of Canada (BOC) meeting (July 15th), weakness in the commodity markets, a strengthening USD, and a weaker than anticipated CAD GDP reading have all formed the backdrop for continued weakness in the CAD (strength in … Read moreForex Outlook: Canadian Dollar Bears and Doves