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Canadian GDP rose 0.4% in November after a flat October, with 17 of 20 industrial sectors posting gains. Economists said growth remains near 2% for Q4, slightly below the Bank of Canada's forecast.
The loonie gained only slightly after the release.
Stronger Canadian growth supports the case for higher interest rates and a firmer loonie, which modestly weighs on Canadian export competitiveness for feed ingredients.
poundsterlinglive.comJames SkinnerJan 31, 2018Not 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.
