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.

11 May 2026, 7:55 AM

What to look out for this week❓

11 May 2026, 6:40 AM

Morning Wrap: Iran's peace proposal “UNACCEPTABLE”; markets take a hit ❗💥

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

📈 EURUSD up 0.4% before the NFP

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