Commodities

Canadian Dollar in focus to close out the week

The USD has enjoyed a decent level of upside against the Canadian Dollar since the end of May 2021. This is visible in the D1 timeframe. In this time, the Loonie has travelled from 1.202 to 1.255 per USD....

The price of Oil will remain volatile until OPEC can agree on output

There are several fundamental pressures causing volatility in the price of Crude Oil and the price of related equities. The price of WTI, Brent, Heating Oil and stocks in Oil and Gas companies are worth keeping an eye on over...

Is the AUD still a short as it heads to 73 cents?

The AUD is currently on the radar of a few account managers at BlackBull Markets. Being based in New Zealand, our closest neighbour's currency is a reasonably popular instrument to follow. News affecting the AUD will typically circulate the office...

Has the AUD peaked in 2021?

Has the AUD peaked in 2021? What things might we consider when evaluating where the AUD will move in July and beyond? Volatility has definitely subdued in the pair, as the worst of the pandemic is likely behind us. For...

Will Oil Hit 100 Dollars A barrel in 2021?

Oil hitting one hundred dollars per barrel sometime in the next six months is the bullish sentiment held by many financial institutions. Analysts expect that oil producers will not be capable of ramping up supply in time to meet an...

Gold Diversified: Gold On The Blockchain

There are traditional options to gain exposure to Gold, such as physical bars and coins, ETFs, shares in mining companies, and CFDs. But a few new blockchain options have cropped up in the recent past, which could require some attention....

O Canada: Where might the Canadian dollar head this week?

The Canadian Dollar has run up big gains against its trading partners in the past two weeks. A Hawkish Central Bank and high commodity prices have incentivized Canadian bulls. As a result, the CAD recently reached three-year highs against the...

Biden’s wealth tax and renewable energy plan moving markets

Two major announcements coming from the Biden administration have had a significant effect on Thursday trading. The first announcement, centered on the US’s renewed focus on clean energy, had a hard time countering the second announcement, regarding a hike in...

Canadian Dollar strengthens against partners after statements from Central Bank

On Wednesday, 22/04, the Canadian Central Bank advised that it was to lower the value of its weekly bond purchases. The move, necessary due to the Canadian economy making strides toward its recovery, will be implemented next week. The Canadian...
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