12:30 PM GMT, Canada - GDP data for January:
- GDP: actual 0.6% MoM; forecast 0.4% MoM; previous -0.1% MoM;
- Average Weekly Earnings: previous 3.77% YoY;
Canadian GDP experienced a notable increase, largely due to a 6.0% boost in educational services following the end of a teachers' strike in Quebec in December. Additionally, the advanced February figures, coupled with January's performance, are indicating a strong quarter. This growth was primarily driven by widespread increases in sectors like mining, quarrying, oil and gas extraction, manufacturing, and finance and insurance. However, these gains were slightly offset by a decrease in utilities.
Morning Wrap - Key Information to Start Your Day 💡
Warsh changes the game, Fed catches its breath [Post-FOMC Comment]
Daily Summary: Oracle drives the market higher, dollar weakens following Fed meeting (28.10.2026)
Interrogating reality or integrated by reality: Kevin Warsh Conference Summary
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.