
The Bank of Canada held its overnight rate at 0.25% and kept its forward guidance unchanged. It adjusted its quantitative easing program to a target pace of C$2 billion per week.
The bank raised its global GDP growth view to 7% for 2021, citing stronger U.S. outlook and rising oil prices.
Stronger global growth forecasts and rising oil prices support energy-linked feed input costs, while the slower QE pace signals tighter Canadian monetary conditions over time.
Setelah 487 peristiwa makro bullish sebelumnya, Minyak Mentah (WTI) bergerak median +1,0% selama 5 sesi (60% lebih tinggi; separuh tengah -2,0% sampai +4,0%), dan +1,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.