22:57:45
U.S. Senate Minority Leader Mitch McConnell again called on the House of Representatives to quickly pass a Ukraine aid bill.
22:57:23
Bank of Canada Governor Macklem: Overall, the Canadian dollar is relatively stable, and if the situation changes, we will take it into consideration.
22:56:45
Bank of Canada Governor Macklem: There are different views within the policymaking committee on when we can see the expected situation occur.
22:54:54
Bank of Canada Governor Macklem: We did discuss when to lower interest rates at this meeting, but there was a clear consensus to keep it at 5% this month.
22:49:00
Bank of Canada Governor Macklem: Higher neutral rate will not affect "short-term" policy.
22:47:56
Spot silver rose 1.00% during the day, having previously fallen by more than 2%, and is now trading at $28.44 per ounce.
22:43:34
Bank of Canada Governor Macklem: The decline in inflation momentum that we have seen is in very recent data.
22:40:18
Bank of Canada Governor Macklem: Rate cut is possible in June.
22:34:52
[Market impact of the stronger-than-expected US CPI for three consecutive months] 1. Foreign exchange market: USD/JPY rose above 152 for the first time in 34 years, reaching a high of 152.73. The euro fell 1% against the US dollar, the largest single-day drop since July. The Australian dollar fell more than 1.5% against the US dollar, and the New Zealand dollar fell more than 1% against the US dollar. Among emerging market currencies, the South African lat fell 1.7%, leading the decline. 2. Gold and silver market: Spot gold once fell by $30 to $2,319/ounce, and then gradually recovered all the losses. Spot silver even rose to $28.26/ounce, which was above the data release. 3. Bond market: The 10-year US Treasury yield broke through 4.5%, the 2-year US Treasury yield rose 20BP to 4.95%, and the 5/30-year US Treasury yield inverted for the first time since September. 4. Swap pricing: The first Fed rate cut date fully digested by the swap market was postponed to November, and the bet on a rate cut in June almost disappeared, firmly confirming the expectation of only two rate cuts this year.
22:34:11
Gasoline futures extended their losses after the U.S. EIA report showed an increase in gasoline inventories.
22:33:17
The EIA Strategic Petroleum Reserve inventory in the United States for the week ending April 5 was the highest since the week ending April 28, 2023.
22:33:05
EIA report: U.S. crude oil exports decreased by 1.314 million barrels per day to 2.708 million barrels per day in the week ending April 5.
22:32:53
The EIA crude oil inventory increase in the United States for the week ending April 5 was the largest since the week ending February 9, 2024.
22:32:46
U.S. commercial crude oil inventories excluding strategic reserves in the week ending April 5 were the highest since the week ending July 14, 2023.
22:32:33
U.S. crude oil exports in the week ending April 5 were the lowest since the week ending August 4, 2023.
22:32:07
EIA report: U.S. Strategic Petroleum Reserve (SPR) inventories increased by 595,000 barrels to 364.2 million barrels in the week ending April 5, an increase of 0.16%.
22:31:48
EIA report: The four-week average supply of U.S. crude oil products was 19.95 million barrels per day, a decrease of 0.44% from the same period last year.
22:31:45
EIA report: U.S. domestic crude oil production remained unchanged at 13.10 million barrels per day in the week ending April 5.
22:31:30
EIA report: In the week ending April 5, the United States imported 6.434 million barrels of commercial crude oil excluding strategic reserves, a decrease of 184,000 barrels per day from the previous week.
22:31:19
The EIA refinery utilization rate in the United States for the week ending April 5 was 88.3%, in line with expectations of 89.2% and the previous value of 88.6%.