From SCS OTC Corp: Oil markets appeared to be firing on all cylinders this week. Flat price brent reached a 5-month high on Friday at $56.91 and is +28% since June, Brent Dec’17/Jun’18 reached a 7-month high and Dated vs.… Read more ›
Canada's annual inflation rate picked up in August, bringing it somewhat closer to the central bank's target as gasoline prices and shelter costs rose, data from Statistics Canada showed on Friday. The annual inflation rate rose to 1.4 percent last month from 1.2 percent in July, slightly short of economists' forecasts for 1.5 percent. Two out of three of the Bank of Canada's core inflation measures also increased, with CPI common rising to 1.5 percent and CPI trim at 1.4 percent.