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TD Securities says Canada's Q1 and March GDP data will capture only the start of the lockdown, so the data should carry little signal for the loonie. The bank expects a roughly 10% annualized decline in GDP, led by a 25% drop in services spending.
A currency view with no direct effect on feed grain or protein prices.
forexcrunch.comFX StreetMay 28, 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.
