27.02.2026 - US PPI & Canada GDP
- US producer prices (PPI) rose 2.9% year-on-year in January, exceeding expectations of 2.6%, and 0.5% month-on-month, compared to the forecast of 0.3%, indicating stronger-than-expected inflationary pressures at the producer level.
- The Canadian economy contracted by an annualized 0.6% in the fourth quarter, significantly worse than the estimated -0.2%, confirming a deepening economic slowdown.
The US dollar is gaining against the CAD on these data releases. The very dovish reading in Canada contrasts with the hawkish PPI reading in the US.
USDCAD (M5)
Source: xStation5
Daily Summary: Market euphoria shows no signs of letting up 🚀
Will Xi Jinping help reopen the Strait of Hormuz❓The NYT reports surprising details about the Saudi and UAE attacks on Iran 💥
BREAKING: Natural gas (NATGAS) prices are rising following the release of EIA data from the U.S.
🟠Copper nears historic highs on sulphur shortages and AI boom
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
