Bank of Thailand monitors US election outcome for impact on currency, oil, and trade

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Oct 30, 2020Commodity currencies slide on oil, dollar braces for election | Financial Post+7.3%
• Jan 29, 2020The Canadian Dollar Is Unprepared for Coronavirus Impact on Bank of Canada Outlook-7.1%
• Oct 30, 2020USD/CAD Helped By Oil Weakness, But Election Anxiety Keeps a Lid - Currency Live+7.3%
• May 24, 2019Oil Falls As US-China Trade War, Demand Make 'Recipe for Disaster' - Business Insider-2.1%
• Mar 14, 2023Oil falls to three-month low on inflation worries, U.S. bank shutdowns-9.5%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Oct 30, 2020Commodity currencies slide on oil, dollar braces for election | Financial Post+8.3%
• Oct 30, 2020USD/CAD Helped By Oil Weakness, But Election Anxiety Keeps a Lid - Currency Live+8.3%
• May 24, 2019Oil Falls As US-China Trade War, Demand Make 'Recipe for Disaster' - Business Insider-3.6%
• Mar 14, 2023Oil falls to three-month low on inflation worries, U.S. bank shutdowns-8.9%
• Jul 6, 2022Oil’s Current Plunge: Goodbye Inflation Trade, Hello Recession-3.2%