Navigate Up
Sign In

Dust settles as markets envision Trump presidency

Posted on: November 10, 2016

In quite the reversal from overnight lows, equity markets, crude and most other risky assets managed to rebound as participants recovered from the initial shock of the Trump victory and started to focus on what that means economically. USDCAD came off the highs to test into the 1.33s, and this morning it looks like we are gearing up for another test of 1.3500.

Yesterday the RBNZ cut rates, suggesting a low rate environment could persist for some time which has the AUD performing well. This morning US jobless claims came in better than expected. The probability of a December rate hike is back up to 88%, with the probabilities for a couple of hikes in 2017 increasing as well.

Happy trading!

  • Yesterday’s NA Range 1.3367 – 1.3477
  • Asia Overnight Range 1.3390 – 1.3425
  • London Overnight Range 1.3387 – 1.3498


Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.


Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Supplier Resources

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial