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Review developments alongside their sources, alternative interpretations and price reactions.
EURUSD—
1 storyHigh impact only
Summary language English
Latest news
Oct 30
High impactca.finance.yahoo.comOct 30 12:35AI thesis not measured

Canada’s growth stalls in August; September estimate points lower

Source: ca.finance.yahoo.com · 12:35
Show on chart
AI · systemfrom 1 sources · updated at 14:03

Canada’s economy stalled for a second month in August, missing the 0.2% growth forecast in a Reuters poll. Gains in retail, manufacturing and construction were offset by weaker wholesale trade and public administration. Statistics Canada’s advance estimate points to a 0.1% September contraction and 1.3% annualized third-quarter growth by industry, below the Bank of Canada’s 2% projection. The September and quarterly figures remain preliminary.

Related currencies / asset groups: CAD

ThesisNo pair-specific direction statedAI · sourced

  1. Reuters reports no August growth after a flat July, versus its poll’s 0.2% forecast.

    ca.finance.yahoo.com

  2. Statistics Canada’s advance estimate points to a 0.1% September contraction and 1.3% annualized Q3 growth by industry.

    ca.finance.yahoo.com

  3. The Bank of Canada had projected 2% annualized Q3 growth.

    ca.finance.yahoo.com
Counter-thesisNo pair-specific direction statedAI · sourced

  1. Limitation: September and Q3 figures are advance estimates.

What the market did AUDCAD · 1 min · ±30 min around the story

extreme −5 pips30 min later −2 pips
−10−5±0+5−30 min−150+15+30 min12:35 story
Spread
1.7→1.9 pips
no widening after the story

Ideas linked to this story sealed when published · the price writes the result

No ideas are linked to this story yet.

Next on the calendar

00:00
RBA Interest Rate Decision HighForecast — · Previous — · average reaction ±0 pips over the last 8 releases
5:27:54left

High impact today

UTC · EUR, USD
00:00
All Saints' DayMetaQuotes
finished
07:00
Retail Sales · Month-on-month changeActual −2.0% · Forecast −0.2% · Previous —
as expected
15:00
Construction Spending · Month-on-month changeActual −1.9% · Forecast 0.5% · Previous —
as expected
15:00
ISM Manufacturing PMIActual 55.5 · Forecast 54.7 · Previous —
above forecast
15:00
ISM Manufacturing Prices PaidActual 75.2 · Forecast 80.7 · Previous —
below forecast
15:00
ISM Manufacturing EmploymentActual 52.4 · Forecast 51.4 · Previous —
above forecast
Full calendar

Sources

90 days
ReliabilityAvg. move after events
Source reliability considers corrections, primary reporting and consistency with other sources. Price movement is the average absolute change in EURUSD around publication. The two measures are independent.

AI thesis accuracy

90 days

Not measured yet.

Alerts

EURUSD news
When a high-impact story breaksonce thesis and counter-thesis are ready
±15 pips within 30 min of a storyif the price reaction crosses the threshold