BREAKING: Strong macro readings from Canada! USDCAD loses

1:32 PM September 18, 2023

New home construction starts from Canada came in 252k vs 234,3 k expected and 255,2 k previously

  • PPI inflation in Canada (m/m): 1,3% vs 0,21% exp. and 0,4% previously
  • RMPI inflation in Canada (m/m): 3% vs 1% and 3,5% previously

Data suggest that overall demand in Canadian economy is still strong and may be even 'proinflationary' as wee see in PPI and RMPI readings. 

Start investing today or test a free demo

Open real account TRY DEMO Download mobile app Download mobile app

Source: xStation5

Share:
Back

Forex and CFDs are leveraged products and can result in losses that exceed your deposits. Please make sure you fully understand all risks.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.

Losses can exceed deposits