Crude Oil Inventories Deliver Fifth-Straight Week of Gains

What was the surprising trend in crude oil inventories discussed in the video?

• A surprising build in inventories

• A significant drawdown in inventories

• A decrease in gasoline and distillate stocks

• Stable inventory levels

What is the primary component of the dollar index (DXY) mentioned in the video?

• The Euro

• The Canadian Dollar

• The Japanese Yen

• The British Pound

Which central bank's recent action was highlighted as influencing the Canadian dollar?

• Bank of England

• European Central Bank

• Federal Reserve

• Bank of Canada

What upcoming event is expected to have a significant impact on the US dollar?

• The ECB meeting

• The Bank of England's rate decision

• The Federal Reserve's next meeting

• The Bank of Japan meeting

Who is the new Vice Chair mentioned in the video, and why is their speech important?

• Jerome Powell, for his views on inflation

• Janet Yellen, for her economic forecasts

• Richard Clarida, for his tone on interest rates

• Christine Lagarde, for her stance on monetary policy