Canada GDP Q2 annualized 3.3% vs 3.4% estimate

2026-08-28
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  • Prior Q1 +0.3%
  • Canada GDP Q2 annualized 3.3% vs 3.4% estimate
  • Implicit price QoQ 2.5% vs 1.2% last quarter
  • GDP MoM for June 0.3% vs 0.2% estimate. Prior month 0.3%.
  • Preliminary July estimate 0.0%

Solid growth.The USDCAD is trading in a narrow range with the price maintaining between a cluster of MAs with the price above the 200 hour MA at 1.3838, the 200 day MA at 1.38422, but below the 100 hour MA at 1.3856.

This article was written by Greg Michalowski at investinglive.com.


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