Breaking News

Canada Gross Domestic Product (GDP) YoY

Latest Release

Aug 30, 2024

Actual

0.91%

0.56%

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
Aug 30, 2024 (Q2)	07:30	0.91%		0.56%
May 31, 2024 (Q1)	07:30	0.53%		0.97%
Feb 29, 2024 (Q4)	08:30	0.93%		0.46%
Nov 30, 2023 (Q3)	08:30	0.47%		1.20%
Sep 01, 2023 (Q2)	07:30	1.12%		2.08%
May 31, 2023 (Q1)	07:30	2.21%	2.80%	2.07%

News

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By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting that the economy had entered a period of weaker growth, but...

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Analysis

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November was a volatile month for US equities but this volatility did not translate into big moves for currencies. Unlike the Dow, which had a 3,200-point swing, trading ranges for pairs like the...

GDP (YoY) Discussion

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