5min chapter

The Loonie Hour cover image

Bank of Canada Shocks Markets With Largest Rate Hike in 24 Years

The Loonie Hour

CHAPTER

Trade Weighted Currency

Italy's trade balance was positive. All of a sudden, natural gas prices spike. They have to import an incredible of naturagas from two places,. russia and then, forgive me, i'm lumping all africa together. And that just basically has destroyed what is almost like eight or nine years of, i would say, good will. We know how much keeth hates italy, but there have been ompositive things on the oleagin front for almost six months. But now they can't raise interest rats until natural gas prices fall, because they're getting squeezed internally and externally from the commodity market. It's sorkeky Eithne does not hate

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