Day: April 21, 2026

Bear trend stays in control – Scotiabank

Bear trend stays in control – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret observes the Canadian Dollar (CAD) is modestly softer as USD stabilizes, but stresses the broader USD/CAD bear trend remains intact. Softer Canadian Consumer Price Index (CPI) gives policymakers time to assess higher energy prices, while Q1 Business Outlook Survey shows resilient inflation expectations. The Bank of Canada (BoC) […]

Gold dips as US data beats, Warsh calls for Fed “regime change”

Gold dips as US data beats, Warsh calls for Fed “regime change”

Gold (XAU/USD) trades with a negative bias on Tuesday but lacks strong directional momentum, as investors hold back from aggressive positioning amid uncertainty over whether US-Iran peace talks will resume, following renewed tensions in the Strait of Hormuz over the weekend. At the time of writing, XAU/USD is trading around $4,748, down nearly 1.50% on […]

Energy costs and supply shape outlook – ING

Energy costs and supply shape outlook – ING

ING analysts Warren Patterson and Ewa Manthey report Copper has eased after recent gains but remains near two‑month highs, with macro headwinds and tighter monetary policy weighing on industrial metals demand. Aluminium prices stay supported by supply disruptions in Gulf producers, where March output fell 6% to 15,963 tonnes per day, according to industry data. […]