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% against a forecast of 0.2%.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 51.5 | 49.6 | ||
| BoC Interest Rate Decision | Bullish change | 2.25% | 2.5% | ||
| Retail Sales (MoM) | Bullish change | -0.8% | 1.2% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -0.8% | 1.2% |