Canadian Dollar rallies into the green on Thursday despite mixed Canadian GDP results: Analytics and Market news from 30 November 2023 16:12

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Nov 29, 2021Canadian dollar rallies as air of calm returns to financial markets - The Globe and Mail-11.3%
• Jul 28, 2021Canadian dollar gains as Fed readies new money market facilities - The Globe and Mail-1.5%
• Dec 16, 2021Canadian dollar rallies as more central banks move on inflation - The Globe and Mail+2.7%
• Feb 23, 2023Canadian dollar claws back some recent declines as oil rallies - The Globe and Mail+4.9%
• Jun 30, 2017Canadian Dollar Exchange Rates Boosted As GDP Comes In On Forecast And Oil Boosts The CAD-1.5%

Not enough comparable past events yet for a historical read.

After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.

• Sep 27, 2022Surging bond yields spook investors, capping Canadian dollar gains - The Globe and Mail+9.6%
• Dec 11, 2019Reaction in the diesel market to IMO 2020 is still to come: Platts - FreightWaves+3.5%
• Nov 27, 2020Diesel markets closing out a strong November - FreightWaves-0.4%
• Nov 4, 2022Canadian dollar posts biggest gain in 12 years as jobs surge-2.7%
• Jan 7, 2021Diesel market in 2021: Something closer to normalcy likely on tap - FreightWaves+4.6%