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The Canadian dollar strengthened against the US dollar as U.S. crude settled 2.4% higher at $53.29 a barrel. Global stocks rose on speculation that China would take more steps to support its economy.
Canadian inflation rose to 2.4% in January on higher gasoline prices.
Stronger oil prices lift Canada's export earnings and currency, while the China stimulus hopes ease some demand worries. Feed buyers see this mainly as a currency and energy-linked move with little direct grain impact.
theglobeandmail.comFergal Smith19 feb 2020Tras 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.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
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.
