Oil industry: Donald Trump’s 2 tweets boost the price
WTI oil prices jumped up after Donald Trump’s 2 tweets
Canadian GDP growth may push the CAD up
The level of monthly GDP for Canada is expected on March 1, at 15:30 MT time.
The level of GDP growth is the broadest measure of economic activity, which indicates economic health. Last time analysts forecast GDP growth to increase by 0.1%. The actual level came out in line with the analysts' expectations. If this time the release is higher than the forecast, the CAD will be supported.
• If GDP growth is higher than expected, the CAD will rise;
• If GDP growth is lower than expected, the CAD will fall.
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March NFP: forecasts and opinions
Today the US nonfarm payroll data will be reported that could cause fluctuations of the market.
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WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
Latest news
Oil industry: Donald Trump’s 2 tweets boost the price
WTI oil prices jumped up after Donald Trump’s 2 tweets
March NFP: forecasts and opinions
Today the US nonfarm payroll data will be reported that could cause fluctuations of the market.
OIL: it started
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
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