BOC held rates as expected, although their statement was optimistic enough to send the Canadian dollar sharply higher.
With oil prices exploding higher yesterday, we take a look at how WTI has performed following similar spikes of volatility. By yesterday’s close, WTI futures enjoyed their 5th most bullish session according to Reuters data going back to December 1984. If… Read More
With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event. Using Fed Funds data from 1971, we filtered the Fed… Read More