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 -0.1% against a forecast of 1.5%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bearish change | 0.9% | 0.5% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 1.2% | 0.1% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Economic Activity |
| Frequency: | Quarterly |