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Poloz says it's all downhill from here for commodity prices

Poloz says it's all downhill from here for commodity prices

News
Adam Button
20/04/2015 | 14:15 GMT

Poloz comments on a panel in New York:

  • We likely have seen 'the most' of the global commodities supercycle.
  • Commodity price shocks difficult to react to.

Nothing notable so far. USD/CAD down 16 pips on the day to 1.2229.

More:

  • BOC is preoccupied with downside risks in short term
  • Oil suppliers are finding many ways to cut costs

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