Loading…
Bank of Canada Governor Tiff Macklem told the House of Commons Finance Committee that further rate hikes may be needed because Middle East war keeps energy prices high. He expects CPI to reach 3.5% by year-end and stay above 3% through much of 2027.
Higher Canadian rates and sustained energy costs raise input and transport costs for feed producers, while a firmer CAD tied to oil could affect Canadian canola and meal export competitiveness.
fxstreet.comChristian Borjon ValenciaNov 3, 2026After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
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.
