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Economists expect Canada's Q2 GDP to show a slowdown, with RBC forecasting 0.5% growth against a 1% preliminary estimate. The data is the last major release before the Bank of Canada's September 6 decision, and July CPI came in at 3.3%.
A weaker economy could prompt a Bank of Canada pause, which would ease pressure on the loonie and affect Canadian-origin feed export pricing.
financialpost.comPamela HeavenAug 29, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
