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The Canadian dollar weakened on April 15, 2019, after a Bank of Canada business outlook survey showed inflation pressures and growth slowing to their weakest since 2016. Firms expect input and output price growth to stabilize as tariff-related cost pressures fade.
Weaker Canadian growth and a softer loonie point to slower domestic demand and modestly cheaper Canadian export commodities priced in US dollars.
poundsterlinglive.comJames SkinnerApr 15, 2019Not enough comparable past events yet for a historical read.
After 15 past neutral macro events, Milk (Class III) moved a median -0.2% over 5 sessions (27% higher; middle half -2.1% to +0.1%), and -3.2% over 20.
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.
