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The Canadian dollar rose to a one-week high against the US dollar as China reported its lowest daily count of new coronavirus cases since late January. Oil and global stocks climbed on hopes that Chinese fuel demand would recover.
U.S. crude was up 1.7% at $50.77 a barrel.
Easing virus concerns support oil demand expectations and lift commodity-linked currencies such as the loonie. For feed markets the effect is indirect, through energy costs and risk sentiment.
financialpost.comReuters12 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.
