Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Gross Domestic Product (MoM) yet - check back for updates.
The most recent announced value for Gross Domestic Product (MoM) was 0.2% against a forecast of 0.3%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 5% | 4.8% | ||
Net Change in Employment | Bullish change | -2.2K | 90.4K | ||
Unemployment Rate | (no change) | 6.1% | 6.1% | ||
Ivey Purchasing Managers Index | Bullish change | 63 | 65.7 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 57.5 | 63 |