United States EIA Crude Oil Stocks Change below forecasts (-3M) in July 5: Actual (-3.443M)

Jul 10, 2024

United States EIA Crude Oil Stocks Change registered at -3.444M, below expectations (-3M) in July 5

USD/CAD: Cannot exclude a July BoC cut – ING

The latest hiring contraction and rise in unemployment to 6.2% in Canada has put a July Bank of Canada rate cut on the table, ING’s FX analyst Francesco Pesole notes.