Canadian Raw Materials Higher in February

Raw materials in Canada rose 0.4 percent in February despite projections of a 1.0 percent decline. The increase is due primarily to a jump in the price of crude oil. Industrial product prices remained unchanged in February after falling for three straight months.

Source: Reuters

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.