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Prime Minister Trudeau named John McCallum, a former bank economist, as Canada's ambassador to China in a cabinet shuffle. He is expected to help expand trade ties and advance a possible free trade agreement with China.
Improved Canada-China diplomacy could ease trade frictions that affected canola and meal exports, but any tariff or market effect is speculative and far off.
Not 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.