Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Gross Domestic Product Annualized was -0.1% against a forecast of 1.5%.
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 | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bearish change | 59.7 | 54.1 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.2 | 55.1 | ||
| Average Hourly Wages (YoY) | Bearish change | 3.7% | 3% | ||
| Net Change in Employment | Bullish change | 18.2K | 75.1K | ||
| Unemployment Rate | Bullish change | 6.5% | 6.4% | ||
| S&P Global Manufacturing PMI | Bullish change | 53 | 53.5 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.6% | 0.3% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Economic Activity |
| Frequency: | Quarterly |