The Statistics Canada released CAD GDP m/m data that came out better than expected of 0.1%, compare to forecasted 0.0%.
Statistics Canada noted: "Real gross domestic product rose for a seventh consecutive month, edging up 0.1% in August. Growth was concentrated in oil and gas extraction and finance and insurance, which more than offset declines in 12 of 20 industrial sectors. The output of services-producing industries edged up 0.1%, while output was essentially unchanged for goods-producing industries."
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| Historical Data Table: GDP m/m | Economic Calendar for 01.11.2018 | ||||||||
| Date | 31.01.2018 | 02.03.2018 | 29.03.2018 | 30.08.2018 | 31.10.2018 | 9:30 AM | UK Manufacturing PMI | ||
| Actual | 0.40% | 0.20% | -0.10% | 0.00% | 0.10% | 12:00 PM | UK BOE official bank rates | ||
| Forecast | 0.40% | 0.10% | 0.10% | 0.10% | 0.00% | 14:00 PM | US ISM Manufacturing PMI | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/CAD | 0.93119 | 0.93026 | -0.10% | AUD/CAD | 72.19% | 27.81% | |||
| CAD/CHF | 0.76592 | 0.76698 | 0.14% | CAD/CHF | 26.91% | 73.09% | |||
| EUR/CAD | 1.48817 | 1.48654 | -0.11% | EUR/CAD | 61.66% | 38.34% | |||
| USD/CAD | 1.31227 | 1.31114 | -0.09% | USD/CAD | 53.69% | 46.31% | |||