01:30 PM GMT, Canada - GDP data:
- GDP (Q4): actual 0.6% QoQ; previous 0.5% QoQ;
- GDP (Q4): previous 1.49% YoY;
- GDP: forecast 0.2% MoM; previous -0.2% MoM;
- GDP Annualized (Q4): actual 2.6% QoQ; forecast 1.9% QoQ; previous 2.2% QoQ;
- GDP Implicit Price (Q4): actual 0.90% QoQ; previous 0.60% QoQ;
The Canadian dollar is not reacting strongly to the release of GDP data, which is slightly above expectations. The Canadian economy is recording strong growth in the last quarter of 2024. However, the full attention of the markets is currently focused on the tariffs imposed by the US on imported goods from Canada, which may affect future releases.
Morning Wrap: Dollar in a trap, all eyes on NFP ๐๏ธ(February 11, 2026)
Daily summary: Weak US data drags markets down, precious metals under pressure again!
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
Economic calendar: Indices and EURUSD await US retail sales report