
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
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.
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
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