- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Canada: Annualized real GDP contracts unexpectedly by 0.2% in Q2, missing expectations of 1.2% growth
Canada: Annualized real GDP contracts unexpectedly by 0.2% in Q2, missing expectations of 1.2% growth
- Canadian economy contracts 0.2% against expectations of a 1.2% expansion.
- USD/CAD stays in positive territory above 1.3500 after the data and US NFP.
Canada's real Gross Domestic product (GDP) contracted at an annual rate of 0.2% in the second quarter, Statistics Canada reported on Friday. This reading followed the 2.6% expansion (revised from 3.1%) recorded in the first quarter and came in worse than the market expectation for growth of 1.2%.
On a quarterly basis, real GDP stagnated compared to analysts' estimate of a 0.3% expansion. During the first quarter, it expanded 0.6% (revised from 0.8%).
On a monthly basis, real GDP contracted in June 0.2%, in line with expectations. In May, the economy expanded 0.2% (revised from 0.3%).
Key takeaways:
Real gross domestic product (GDP) was nearly unchanged in the second quarter, following a 0.6% rise in the first quarter. The slowdown was attributable to continued declines in housing investment, smaller inventory accumulation, as well as slower international exports and household spending. Increased business investment in engineering structures and higher government spending were among the few components that contributed to growth.
The GDP deflator rose 0.7% in the second quarter, as consumer inflation remained elevated.
Real gross domestic product (GDP) decreased 0.2% in June, following a 0.2% increase in May. Both services-producing industries (-0.2%) and goods-producing industries (-0.4%) contracted in June with 12 of 20 industrial sectors posting decreases.
Market reaction
The Loonie weakened in the market after the data. Not only did the Canadian economy contract unexpectedly during the second quarter, but previous numbers were revised lower.
USD/CAD rose modestly to fresh daily highs above 1.3520. At the same time, the US official employment report was released,and it triggered a decline of the US Dollar limiting the upside of the pair.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
