01:30 PM GMT, Canada - GDP data:
- GDP: actual 0.1% MoM; forecast 0.3% MoM; previous 0.0% MoM;
- GDP (Q3): actual 0.3% QoQ; previous 0.5% QoQ;
- GDP Annualized (Q3): actual 1.0% QoQ; forecast 1.0% QoQ; previous 2.2% QoQ;
- GDP (Q3): previous 0.91% YoY;
Canadian GDP data for Q3 shows annualized growth of 1.0%, with Q/Q growth slowing to +0.3% (vs. +0.5% prior) and the implicit price index at +0.6% (vs. +1.1% prior). September GDP rose +0.1%, below the expected +0.3%, and October's advance reading is also +0.1%. Per capita GDP declined 0.4% in Q3, marking the sixth consecutive quarterly drop.
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BREAKING: Mixed JOLTS & University of Michigan data❓
BREAKING: Canada Labor market keeps deteriorating 📉
BREAKING: PCE in lane, GDP growth slows down! 🔥🚨
Economic Calendar: U.S. PCE Reading in the Spotlight!
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