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ForexForexLive

investingLive Americas market news wrap: AI trades rebound but so does oil

Canada September CPI 3.1% y/y vs 3.2% expected US NAHB housing market index 29 vs 31 prior Bank of Canada Q3 business outlook survey -0.33 vs -0.38 prior CIBC cuts gold forecasts but still sees $5,500 in 2028 Oil reverses course higher after US and Houthi attacks Markets: S&P 500 up 0.4% WTI crude oil up $2.37 to $103.78 US 10-year yields up 4.2 bps to 5.14% AUD leads, JPY lags Gold down $25 to…

CommodityOilPrice.com

New Oil Fields Should Have to Build the Carbon Storage Market

The debate over new oil and gas fields usually ends in a familiar deadlock. Industry argues that production will still be needed for decades, supports jobs and reduces dependence on imports. Climate campaigners respond that every new field locks in emissions incompatible with net zero. Both sides then discuss carbon capture and storage as an afterthought: either a technological excuse for…

ForexForexLive

Trump approval falls to record low. Poll shows Republicans losing badly in midterms

Republicans are running out of time to turn it around ahead of the November 3 midterm elections. Trump is increasingly a liability of the party as his approval hits a record low of just 31%. It's an ugly chart as it continues to deteriorate with an inflection following the March war in Iran. Worse yet is the broader polling trend: Democrats lead Republicans 47% to 35% on the generic congressional…

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