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*News: Global Geopolitics* *First, trade wars and then Covid-led restrictions disrupted global supply chains.* • The conflict between Israel and Hamas has intensified and escalated across land and reached the sea level • Initially attacks by Yemen's Iran-aligned Houthi militants targeted only oil sh

The Canadian dollar moved sideways after the latest interest rate decision by the Bank of Canada. The bank decided to hike interest rates by 0.50%. Pushing the overnight rate to 1.50%. In addition, Tiff Macklem warned that more rate hikes were necessary to curb the soaring inflation. This was more h

Shares show high volatility, which indicates increasing risks. The market could be wrong about the Fed's interest rate. Recent projections show that Fed officials expect the federal funds rate to rise to at least 5.1% from the current range of 4.75% to 5%. That suggests the Fed could make another qu

Trading Catalyst• Demand for crude oil is expected to improve over the foreseeable future, backed by the positive streak of China’s economic data that suggest the world’s biggest oil consumer may ramp up their purchases.• Iraq’s move to pledge their support by cutting additional 40,000 barrels/day m

Illustration photo of oil well from Investopedia TOKYO (Reuters) - Oil prices held on to gains made on the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared to extend record supply cuts in the face of the COVID-19 pandemic. Brent crude was off 1 cent a