
A Financial Post briefing on July 31, 2019 reported that some Canadian oilsands mines break even at around $10 per barrel and that S&P Global cut its 2019 Canadian GDP growth forecast to 1.2 percent. The piece also covered the expected Fed rate cut and concerns about Canada's housing market.
Oilsands producers' low breakeven points suggest output will continue even at lower crude prices, which limits upward pressure on oil. Slower Canadian growth reduces domestic demand for livestock products and feed.
Tras 102 eventos neutral de macro pasados, Petróleo crudo (WTI) se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -3,3 % y +2,5 %), y +1,8 % 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.