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 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 -1.6% against a forecast of -0.6%.
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 Annualized result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | (no change) | 3.6% | 3.6% | ||
Net Change in Employment | Bullish change | -65.5K | 60.4K | ||
Unemployment Rate | (no change) | 7.1% | 7.1% | ||
Ivey Purchasing Managers Index | Bullish change | 50 | 61.6 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 50.1 | 59.8 |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |