Canada April 2018 GDP and May price indices on 29.06.2018

  • prior GDP 0.3%
  • May Industrial product price index MoM 1.0 % vs 0.9% exp, prior 0.5%, revised to 0.4%
  • May IPPI YoY 3.1% vs 2.4% prior , revised to 2.3%
  • May Raw material price index MoM 3.8% vs 1.2% exp, prior 0.7%, revised to 0.8%
  • RMPI YoY 15.1% vs prior 8.9%, revised 9.0%

Beats there all around. USDCAD 1.3230 from 1.3265 going into the data. Next levels to watch are 1.3200 and 1.3170

 

K-man
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