Again last week, central banks greatly influenced the financial markets.
- After losing more than 125 points, the USD/CAD rebounded strongly on Friday and ended the week up by 50 points.
- The WTI finished the week 3 USD/barrel higher given a resurgence of political tension in the Middle East.
- After rising, on average, by roughly 7 points on Thursday, Canadian swap rates declined by 5 points on Friday. On a weekly basis, swap rates ended the week 5 points higher.