Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Gross Domestic Product Annualized yet - check back for updates.
The most recent announced value for Gross Domestic Product Annualized was 2.1% against a forecast of 1.6%.
Recent economic data has been strongly bearish 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 | 54.5 | 52.2 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 53.1 | 52 | ||
S&P Global Manufacturing PMI | Bullish change | 50.4 | 51.1 | ||
Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
Retail Sales (MoM) | Bearish change | 0.9% | 0.4% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.3% | -0.7% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |