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The Canadian dollar strengthened to a two-week high against the greenback after Joe Biden received formal approval to begin his White House transition, lifting risk sentiment. The Dow breached 30,000 for the first time and U.S. crude settled 4.3% higher at $44.91 a barrel.
Currency moves here are driven by macro risk appetite rather than grain or feed supply, so the direct effect on feed prices is minimal. A firmer CAD and higher crude can marginally affect Canadian export competitiveness and energy-linked costs.
theglobeandmail.comReuters24 nov 2020Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 487 eventos alcista de macro pasados, Petróleo crudo (WTI) se movió una mediana de +1,0 % en 5 sesiones (60% al alza; mitad central entre -2,0 % y +4,0 %), y +1,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
