Breaking News

Canada Gross Domestic Product (GDP) MoM

Latest Release

Mar 31, 2023

Actual

0.5%

Forecast

0.3%

-0.1%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Canada releases fresh GDP data on a monthly basis.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Mar 31, 2023 (Jan)	08:30	0.5%	0.3%	-0.1%
Feb 28, 2023 (Dec)	09:30	-0.1%	0.1%	0.1%
Jan 31, 2023 (Nov)	09:30	0.1%	0.1%	0.1%
Dec 23, 2022 (Oct)	09:30	0.1%	0.1%	0.2%
Nov 29, 2022 (Sep)	09:30	0.1%	0.1%	0.3%
Oct 28, 2022 (Aug)	08:30	0.1%	0.1%	0.1%

News

Canadian GDP "A Double-Barrelled Blast of Strength"; BoC in "Tough Spot" - BMO By Investing.com - 3 hours ago

By Ketki Saxena Investing.com – Statistics Canada reported March 31 that Canadian GDP grew 0.5% in January, after a 0.1% drop recorded in December. As per StatCan’s“flash estimate,” GDP increased an...

Canadian Markets Calendar: What to Watch in the Week Ahead By Investing.com - Mar 27, 2023

By Ketki Saxena Investing.com – What to Watch in the Week Ahead Monday, March 27 No Major TSX Earnings or Economic Data In the US: Carnival Corp Earnings Tuesday, March 28 In Canadian Economics:...

TSX Declines; Scotiabank, BMO Earnings Roll In: Canadian GDP Stalls in Q4 By Investing.com - Feb 28, 2023 1

By Ketki Saxena Investing.com – The TSX traded in the red at midday, as US indices remained mixed following economic data that showed a decline in consumer confidence, and as US family home prices...

Analysis

Week Ahead: Equity Direction Uncertain, Bonds Offer No Haven, Volatility To Endure By Pinchas Cohen/Investing.com - Jun 26, 2022

Stocks rebounded last week, but 2022 first half was still worst since 1970 Trader sentiment will split between short-term hopefuls and long-term bears Investors will likely be split into two camps in...

Week Ahead: Conflicting Themes Buoy Bullish Markets But Longer Trend Remains Lower By Pinchas Cohen/Investing.com - May 29, 2022

All four major indices jumped for the week, halting a 7-week rout Dollar slips again Gold rises The market narrative seems to have flipped to bullish after both the S&P 500 and Dow Jones finished...

U.S. Opening Bell: Strong Earnings Lift Stocks; Dollar Hits 20-Year High Vs. Yen By Pinchas Cohen/Investing.com - Apr 28, 2022

Corporate earnings results prop up equities Dollar hits 20-year high versus Japanese yen Gold recovers Key EventsBetter than expected earnings helped propel US futures on the Dow Jones, S&P 500,...

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