01:30 PM GMT, Canada - GDP data:
- GDP (Q4): actual 0.6% QoQ; previous 0.5% QoQ;
- GDP (Q4): previous 1.49% YoY;
- GDP: forecast 0.2% MoM; previous -0.2% MoM;
- GDP Annualized (Q4): actual 2.6% QoQ; forecast 1.9% QoQ; previous 2.2% QoQ;
- GDP Implicit Price (Q4): actual 0.90% QoQ; previous 0.60% QoQ;
The Canadian dollar is not reacting strongly to the release of GDP data, which is slightly above expectations. The Canadian economy is recording strong growth in the last quarter of 2024. However, the full attention of the markets is currently focused on the tariffs imposed by the US on imported goods from Canada, which may affect future releases.
Daily Summary: Friday offers no relief; the US100 drops 2%๐จ
Three Markets to Watch Next Week (October 16, 2026)
Strong US macro data ๐ฝ Industrial production and prices rise
๐ผ EURUSD continues to rebound