Canada's GDP contacted by 0.2% in February

Note: This section contains information in English only.
Source: Forexpros
Canada's economy posted unexpected contraction in February, following marginal expansion of 0.1% in the preceding month, according to Statistics Canada. The country's GDP slumped by 0.2% in February on a seasonally adjusted basis, confronting expectations of a 0.2% growth. After the release of data, Canadian currency extended previous losses against its US rival and USD/CAD traded at 0.9859, soaring by 0.54%.

Back to articles

Actual Topics

Mon, 30 Apr 2012 14:40:44 GMT

S&P 500 index keeps climbing on earnings

S&P 500 index managed to gain on Friday despite disappointing US quarterly GDP figure. US benchmark climbed 0.24% or 3.38 points to 1,403.36 with consumer service sector contributing most. Expedia rocketed 24% on better than expected net income from its hotel-booking unit. Amazon rallied 16%, after the internet retailer posted a big jump in shipments. Starbucks fell 5% after the

Mon, 30 Apr 2012 14:05:45 GMT

Italy's inflation rate stayed at 3.8%

Inflation rate in Italy hit six-month high this month, being elevated by growing energy costs and austerity measures such as tax increases. Italy's inflation rate remained unchanged at 3.8%, reported Istat. The figure is higher than Bloomberg's forecast of 3.6%. Meanwhile, consumer confidence dropped to the lowest level since 1996, indicating that the country's economic state has been deteriorating.

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.