Germany IFO – Current Assessment below forecasts (85.7) in December: Actual (85.6)

Dec 17, 2025

Oil sell-off deepens as Brent breaks below $60 – ING

Oil prices slid sharply as surplus fears intensified, pushing Brent below $60 per barrel, though supply risks and falling US Crude inventories offered limited near-term support, ING's commodity experts Ewa Manthey and Warren Patterson note.

USD/CAD Price Forecast: Tests upper descending wedge boundary near 1.3800

USD/CAD gains ground after registering modest losses in the previous session, trading around 1.3780 during the European hours on Wednesday. The daily chart suggests a potential upside breakout, with falling, converging trendlines forming a bullish descending wedge pattern.