Data for USA and Canada

USA:

• Core price index for personal consumption expenditures (y/y) (December), fact 1.9%, forecast 1.9%.
• Core price index for personal consumption expenditures (m/m) (December), fact 0.2%, forecast 0.2%.
• Personal spending (m/m) (December), fact -0.5%, forecast -0.2%.

Canada:

• GDP (q/q) (Q4), fact 0.1%, previous value 0.5%.
• GDP (m/m) (December), fact -0.1%, forecast 0.0%.
• The change in GDP for the year (q/q) (Q4),  fact of 0.4%, forecast of 1.2%.

Data on Canadian GDP in December continued to slow, indicating a slowdown in the Canadian economy, thereby heightening concerns about this economy and putting pressure on the national currency.

Fig. Canadian GDP chart (m m)

The US data was more restrained, with the exception of the unexpected reduction in the expenditure of individuals in the US, which unexpectedly fell to their minimum values ​​over the past ten years. But these statistics did not actually affect the American dollar.

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Hanzenko Anton

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