Economic Indicators Review |
|
Canada – In May, real GDP in Canada grew 0.1%. Goods production posted a solid performance, advancing 0.6% on the back of mining and oil and gas extraction. Service production retreated 0.1%, but losses were concentrated in wholesale trade (-1.8%). So far in Q2, real GDP is up 2.2% at an annual rate. Given the strong job creation in June and the sharp increase in hours worked in Q2, we expect activity to fair better in June, which should translate into quarterly growth on the order of 3%. As
Filed under: Fundamental
Latest Posts
- GBPUSD continues its bearish move
- Forex - Chart EUR/USD Update : Scope for corrective bounce, further losses later
- Daily Market Outlook
- GBP/USD: gaining momentum
- Forex - Chart NZD/USD Update: Breaks .7182 support, further drop in focus
- Aversion to risk dominated the day after Labor Day
- The Euro declined overnight
- Currency Majors Technical Perspective
- Forex Commentary: USDJPY and EURJPY price action 9-7-10
- Second-Quarter Real GDP Growth - Germany vs. the U.S.
- New York Session
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- Forex Weekly
- GBP/USD; High Grade Copper; Wall Street Cash