February 2017 Canadian GDP 28 April 2017

  • Prior 0.6%

  • 2.5% vs 2.6% exp y/y. Prior 2.3%

A tick worse than expected on both. The main focus will be on the PPI numbers for their inflationary affect. While the rest of the world is throwing up Q1 numbers, the Canadians are still stuck in Feb.

Canadian GDP y/y

USDCAD is doing naff all at 1.3650 so I'll use that as my cue to bid you all a great weekend.