• 01:45

    BoC Gov Kozicki

    In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.

  • 01:00

    Baker Hughes Total Rig Count

    US Total Rigs refer to the number of active US rigs drilling in a given week.

  • 01:00

    Baker Hughes Oil Rig Count

    US Crude Oil Rigs refer to the number of active US rigs drilling for oil in a given week.

  • 12:00

    Fed Waller Speech

    In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.