Indosuez Sees $60 Average WTI Crude Price for 2019

The video discusses the challenges of predicting oil prices, highlighting a forecast of $60 per barrel for WTI. It examines the impact of US shale production and geopolitical risks on oil prices. The relationship between oil prices and currencies, particularly the Canadian dollar, is explored, noting the influence of pipeline capacity. The discussion shifts to inflation, emphasizing the role of technological advancements in disinflation and the implications for the US dollar. The video concludes with insights into the Fed's response to inflation and the potential effects on currency strength.

What is the predicted average oil price for this year according to the transcript?

• $70.00 per barrel

• $80.00 per barrel

• $60.00 per barrel

• $50.00 per barrel

Which factor is primarily affecting the Canadian dollar's relationship with oil prices?

• OPEC agreements

• Pipeline capacity issues

• Geopolitical risks

• US shale production

What is the expected timeline for increased pipeline capacity affecting the Canadian dollar?

• 2019

• 2020

• 2021

• 2022

What is the dominant factor in the inflation space according to the transcript?

• Geopolitical risks

• Technological revolution

• Oil price shocks

• Central bank policies

How does inflation typically affect a currency in the G10 space?

• It weakens the currency

• It strengthens the currency

• It causes volatility

• It has no effect