We expect the Canadian economy grew an annualized 0.5% in Q3—a partial reversal of the 1.6% decline in Q2 when international trade disruptions plunged exports lower. Next Friday’s Q3 gross domestic product appears backloaded with (what we expect will be) a 0.3% bounce-back in September after a surprise 0.3% contraction in August. That is firmer […]
The post Forward Guidance: Canada’s Economy Steadied in Q3 After Trade-Led Contraction in Q2 appeared first on Action Forex.
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