United States API Weekly Crude Oil Stock registered at 7.1M above expectations (-2.8M) in July 4

Jul 8, 2025

Canadian Dollar corkscrews as market sentiment roils on fresh tariff threats

The Canadian Dollar (CAD) struggled on Tuesday, briefly gaining ground against the US Dollar (USD). Risk-off flows returned to the forefront and kicked the Loonie back into the day’s opening bids just below 1.3700.

RBNZ expected to keep interest rate on hold after six consecutive cuts

The Reserve Bank of New Zealand (RBNZ) is expected to keep the Official Cash Rate (OCR) steady at 3.25% following the conclusion of its July monetary policy meeting on Wednesday.