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 -0.6% against a forecast of 0%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 51 | 50 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% | ||
| Retail Sales (MoM) | Bullish change | -0.4% | 1.1% | ||
| Retail Sales ex Autos (MoM) | Bullish change | 0% | 0.8% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Economic Activity |
| Frequency: | Quarterly |