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The Canadian dollar weakened on Thursday as rising US-China tensions over Hong Kong security laws weighed on sentiment. Canada Mortgage and Housing Corporation forecast house price declines of up to 18% over the next 12 months.
Escalating US-China tensions threaten global trade and growth, which can pressure demand for commodities, though this article is mainly about currency moves.
theglobeandmail.comFergal SmithMay 21, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
