Breaking News

Canada Gross Domestic Product (GDP) MoM

Latest Release

Dec 23, 2024

Actual

-0.1%

0.3%

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
Feb 01, 2025 (Nov)	00:30			0.3%
Dec 24, 2024 (Nov)	00:31	-0.1%		0.3%
Dec 24, 2024 (Oct)	00:30	0.3%	0.1%	0.2%
Nov 30, 2024 (Oct)	00:31	0.1%	0.1%	0.1%
Nov 30, 2024 (Sep)	00:30	0.1%	0.3%	0.0%
Oct 31, 2024 (Sep)	23:31	0.3%		0.0%

News

TSX starts week on negative note ahead of key data, big bank earnings By Investing.com - Feb 27, 2024

Investing.com — Canada’s main stock index, the S&P/TSX Composite tracked the S&P500 and Dow lower on Monday, as market sentiment remains cautious ahead of key economic data this...

Canadian Dollar weakens as Fed decision overshadows domestic GDP data By Investing.com - Feb 01, 2024

By Ketki Saxena Investing.com – The Canadian dollar weakened against its US counterpart today, hit by risk-off sentiment after Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) earnings...

TSX declines, Wall Street mixed as Fed signals no rush to cut rates By Investing.com - Feb 01, 2024

Investing.com — Canada’s main stock index, the S&P/TSX slid by late afternoon trading, while Wall Street’s main indices remained mixed following a decision from the US Federal...

Analysis

Week Ahead: Equity Direction Uncertain, Bonds Offer No Haven, Volatility To Endure By Pinchas Cohen - 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 - 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...

Week Ahead: Bulls Hoping Big Tech Earnings Will Reverse Stock Slide; Dollar Higher By Pinchas Cohen - Apr 24, 2022

Mega cap tech giants report earnings Fed's favorite measure, core PCE published Friday Thus far this earnings season, despite solid results, stocks have been taking a beating, even though they are...

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