BOE's Greene cautions UK wage growth could fuel persistent inflation
BOE's Megan Greene warns about persistent UK inflation and concerns over 3.5% wage growth next year.
37 min ago5 min read
Canada's Q2 GDP annualized rate misses forecast at 3.3%
Canada's second-quarter GDP grew at a 3.3% annualized rate, below expectations of 3.4%. June monthly GDP rose 0.3%.
28/08/2026 13:123 min read
- The previous quarter, Q1, posted a gain of 0.3%.
- Canada's gross domestic product expanded at a 3.3% annualized rate in the second quarter, falling short of the 3.4% that analysts had anticipated.
- The implicit price index increased by 2.5% quarter over quarter, up from a 1.2% rise in the preceding three-month period.
- On a monthly basis, June GDP rose 0.3%, surpassing the 0.2% forecast. The previous month's reading was also 0.3%.
- A preliminary estimate for July points to flat month-over-month growth at 0.0%.
Growth remained robust. The USDCAD pair is fluctuating in a narrow band. It holds above the 200-hour moving average at 1.3838 and the 200-day moving average at 1.38422, while trading below the 100-hour moving average at 1.3856.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
Cheap money era ends, forcing investor strategy shift
Bond yields hit multi-decade highs, signalling the end of cheap money and forcing investors to demand higher returns.
1 h ago8 min read
Fed's Waller: More hikes needed, pace can bend, Sept jobs dip not a worry
Fed Governor Christopher Waller said more rate hikes are likely but the pace can be flexible, and he played down September's jobs weakness.
2 h ago9 min read
Market playbook: Why printing money won't stop the bond rout
Rising global bond yields have put central bank bond buying back in focus, but inflation worries and fiscal discipline concerns limit how far such…
2 h ago10 min read