September US Existing Home Sales at 3.99 Million, Topping Estimate
US existing home sales rose 1.5% in September to a seasonally adjusted annual rate of 3.99 million, exceeding the 3.95 million estimate.
3 h ago7 min read
Canada's Q2 GDP annualized rate misses forecast at 3.3%
Canada's second-quarter GDP grew at a 3.3% annualized rate, below expectations of 3.4%. June monthly GDP rose 0.3%.
28/08/2026 13:123 min read
- The previous quarter, Q1, posted a gain of 0.3%.
- Canada's gross domestic product expanded at a 3.3% annualized rate in the second quarter, falling short of the 3.4% that analysts had anticipated.
- The implicit price index increased by 2.5% quarter over quarter, up from a 1.2% rise in the preceding three-month period.
- On a monthly basis, June GDP rose 0.3%, surpassing the 0.2% forecast. The previous month's reading was also 0.3%.
- A preliminary estimate for July points to flat month-over-month growth at 0.0%.
Growth remained robust. The USDCAD pair is fluctuating in a narrow band. It holds above the 200-hour moving average at 1.3838 and the 200-day moving average at 1.38422, while trading below the 100-hour moving average at 1.3856.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
European Market Wrap: Risk Appetite Returns as Crude Slides
Oil eased and risk appetite firmed, though the macro and geopolitical backdrop is unchanged. Focus turns to US CPI and the November 3 midterms.
5 h ago7 min read
IMF warns young workers face first wave of AI disruption
IMF chief Kristalina Georgieva warns AI will disrupt jobs, with young workers bearing the brunt as entry-level roles disappear.
5 h ago13 min read
BofA Survey: Global Semiconductors Remain the Most Crowded Trade, Short US Treasuries Second
BofA's monthly survey shows global semiconductors as the most crowded trade, short US Treasuries second, with investors' tech overweight near six-year highs.
6 h ago11 min read