Loading…
Westpac analyst Richard Franulovich said the Canadian dollar outlook is improving as energy prices steady, yield spreads firm and hopes rise for a quick NAFTA conclusion. He noted that about 41 basis points of Bank of Canada hikes are priced through April 2019.
A firmer loonie outlook tied to NAFTA progress would influence the cost of Canadian-origin feed commodities priced in U.S. dollars.
octaafrica.netJul 26, 2018Not 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.
