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PropMarketCapFRESHMacroeconomics and central banks

Canada's GDP: zero for the second month in a row instead of the expected +0.2%

Statistics Canada reported for August: the economy did not grow at all, and the preliminary estimate for September is already minus 0.1%. For the market, this is an argument in favor of a softer Bank of Canada policy and a reason to reassess the Canadian dollar.

PropMarketCapFRESHMacroeconomics and central banks

Canada: producer prices accelerated to +2.0% for the month, raw materials - +27% for the year

Statistics Canada reported for September: Canadian industry selling prices rose 2.0% from August versus 1.3% a month earlier. The data were released on October 22 at 15:33 Moscow time - six days before the Bank of Canada meeting.