CAD

Canadian October monthly GDP +0.1% vs +0.1% expected

• Canadian October GDP data

Canadian October average weekly earnings +3.38% vs +3.47% prior

• Canadian October earnings data

Canada November CPI 6.8% y/y vs 6.7% y/y expected

• Canadian November inflation report highlights

Canadian October retail sales +1.4% vs +1.5% expected

• Canada consumer spending data

Bank of Canada moves to "enhance the effectiveness of its monetary policy implementation"

USDCAD complete up and down 70 pip lap in volatile holiday trading

• Returns back to the 200 hour MA

Canadian home prices fell 1.3% in November - Teranet

• Sellers pulling listings as well

Canada November producer price index -0.4% vs -0.4% expected

• Canadian November producer price index data

USDCAD extends to a new high and looks to test the December high

• Oil moves lower today

Canada November new housing price index -0.2% vs -0.2% prior

• Canadian housing data

Canada Oct wholesale trade +2.1% vs +1.3% expected

• Canadian wholesale trade data

USDCAD runs up to topside trend line and has some stall

• Lower highs for the pair.

Canada November housing starts 264.2K vs 255K expected

• Annualized housing starts numbers for Canada

October Canada manufacturing sales +2.8% vs +2.0% expected

• Canadian October 2022 economic data

Bank of Canada Governor Macklem expects to evidence that inflation is falling by spring