# Markets react to trade talks: Investors are betting on a U.S.-Canada deal | CBC News

> Canadian stocks hit a one-month high and the loonie reached its strongest level against the U.S. dollar in over two months after the U.S. and Mexico reached a bilateral trade agreement without Canada. Investors are betting on a U.S.-Canada deal, though analysts flagged hurdles. BMO's Brian Belski said Canada is at a competitive disadvantage after waiting.

- Date: 2018-08-28 · published 2018-08-28T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/63771-markets-react-to-trade-talks-investors-are-betting-on-a-u-s-canada-deal-cbc-news
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Expectations of a deal are strengthening the loonie, which lowers the cost of U.S. dollar-priced feed imports into Canada. If a deal stalls, the currency could reverse and the price risk for North American feed trade would rise.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- cbc.ca: https://www.cbc.ca/news/business/stock-markets-trade-canada-us-mexico-1.4801661

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.