Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Gross Domestic Product Annualized was 2.6% against a forecast of 1.9%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Interest Rate Decision | Bearish change | 3% | 2.75% | ||
Average Hourly Wages (YoY) | Bullish change | 3.7% | 4% | ||
Net Change in Employment | Bearish change | 76K | 1.1K | ||
Unemployment Rate | (no change) | 6.6% | 6.6% | ||
Ivey Purchasing Managers Index | Bullish change | 46.2 | 53.6 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 47.1 | 55.3 |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |