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)	23:30	0.91%		0.56%
May 31, 2024 (Q1)	23:30	0.53%		0.97%
Mar 01, 2024 (Q4)	00:30	0.93%		0.46%
Dec 01, 2023 (Q3)	00:30	0.47%		1.20%
Sep 01, 2023 (Q2)	23:30	1.12%		2.08%
May 31, 2023 (Q1)	23:30	2.21%	2.80%	2.07%

News

Trade Battle Curbs Investment, Taking Toll on Canada’s Economy By Bloomberg - Dec 01, 2018

(Bloomberg) -- Heightened trade uncertainty over the summer seems to have taken a toll on Canada’s economy in the third quarter, prompting households to slow consumption and businesses to...

Analysis

Opening Bell: U.S. Futures Slip As Bulls Draw Breath Ahead Of GDP Data By Pinchas Cohen - Jul 28, 2022

Futures slide suggests bulls bit off more than they can chew Odds are against Fed's ability to lower inflation without recession Dollar drops European stocks opened higher on Thursday in an attempt to...

10 Reasons Why December Will Be Rocky For FX By Kathy Lien - Dec 04, 2018

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...

Euro: All Eyes On Fitch's Take On Italy By Kathy Lien - Aug 31, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar rebounded against all of the major currencies Thursday with the exception of the Japanese yen and its...

GDP (YoY) Discussion

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