August 2017 Canadian GDP and September 2017 PPI reports 31 October 2017

  • Prior 0.0%
  • 3.5% vs 3.6% exp y/y. Prior 3.8%. Revised to 3.9%

Another volatile move in CAD pairs as the monthly GDP number comes in worse than expected, and the year on year looks even worse considering the upward revision. Same for the PPI numbers which shows some extra air might be let out of inflation.

PPI

  • -0.3% vs 0.4% exp m/m. Prior 0.3%. Revised to 0.4%
  • 1.5% vs 1.9% prior y/y. Revised to 2.3%

1.2900 trades from 1.2825.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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