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Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries.
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WTI drops to 17-year lows in sub-$24.00/bbl levels crude oil are extending the downside to the area below the $24.00 mark per barrel on Wednesday. Crude Oil Price Forecast 2020: WTI bulls to hold their horses despite tighter USD/CAD Price Forecast 2020: Canada and loonie are well positioned but not in control
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US Nondefense Capital Goods Excluding Aircraft New Orders: US Nondefense Capital Goods Excluding Aircraft New Orders is at a current level of 69.58B, up from 69.43B last month. This represents a monthly annualized growth rate of 2.58%, compared to a long term average annualized growth rate of 3.23%.
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