Fx Primus Rebates

OPEC’s Barkindo responds to Trump: We saved the oil industry

Comments from Barkindo – The OPEC/non-OPEC agreement rescued the oil industry from imminent collapse – The OPEC-led supply cut deal has not only arrested the decline, but rescued the industry Well now that’s taking it too far. The oil industry wasn’t doing great, but it wasn’t collapsing. However, there probably would have been a total…

Fx Primus Rebates

Canada March CPI +2.3% vs +2.4% expected

Canada March consumer price index data – Prior was +2.2% – CPI +0.3% m/m vs +0.4% m/m expected (prior +0.6%) – Core common +1.9% vs 1.9% prior – Core median +2.1% vs +2.1% prior The core measures were all expected to tick higher but instead were flat or slightly lower. The entire report is a…