BREAKING: GDP for Canada above expectations

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.

24 September 2026, 12:26 PM

Bond yields highest since 2007

24 September 2026, 9:21 AM

German Ifo stronger than expected but DE40 loses

24 September 2026, 9:09 AM

Norges Bank raises intrest rates

24 September 2026, 7:22 AM

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