According to analysts at National Bank Financial, for the Canadian markets, this week will feature Q3 GDP on Friday with monthly reports to date suggesting that the household consumption will contribute positively, albeit not strongly to growth in the quarter. Key Quotes “Investment in residential and non-residential structures may also add to the headline growth number based on previously released data on construction spending. Trade, on the other hand, is likely to weigh on GDP judging from monthly reports which showed real imports expanding while real exports stagnated.” “All told, GDP may have advanced 1.4% in annualized terms in Q3 following a stellar +3.7% print in Q2. That would leave the Canadian economy on pace for a 1.6% expansion in 2019. Looking at monthly data, the handoff to Q3 looks decent, with September GDP on pace to expand 0.1% on gains in real estate and construction.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US-China moving closer to agreeing upon a phase one trade agreement – Global Times FX Street 3 years According to analysts at National Bank Financial, for the Canadian markets, this week will feature Q3 GDP on Friday with monthly reports to date suggesting that the household consumption will contribute positively, albeit not strongly to growth in the quarter. Key Quotes "Investment in residential and non-residential structures may also add to the headline growth number based on previously released data on construction spending. Trade, on the other hand, is likely to weigh on GDP judging from monthly reports which showed real imports expanding while real exports stagnated." "All told, GDP may have advanced 1.4% in annualized terms in Q3… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
