Canadian GDP 31 07 2014

Canadian GDP 31 07 2014

If you were quick you got have sold the CAD GDP reaction at 1.0905 as the data came out seconds before the US data, and bagged yourself a nice 20/25 pips. Had to be very quick though.

Good news for the land that time forgot though. It was led by wholesale and retail trade but output was up in most service producing subsectors.

Canadian GDP y/y 31 07 2014

Canadian GDP y/y 31 07 2014