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Canadian economic growth stalled in August after modest GDP growth in July. This print landed in line of Statistics Canada’s advanced guidance and consensus expectations. Early estimates from Statistics Canada point to decent growth in September (0.3% m/m). August’s reading was broad-based, with output expanding in 12 of 20 industries. A 0.1% m/m gain in […]

The post Canada’s Economy Flatlined in August, With a Pickup Expected in September appeared first on Action Forex.

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15/10/2024

Natural Gas Price Drops Over 8% Since the Start of the Month

On 26 September, when analysing the XNG/USD natural gas price chart, we noted that: → Bulls might be “gathering strength” for a potential attempt to break the psychological level of 3.00. → If successful, this would pave the way towards the yearly high around 3.20. Since then, the price of natural gas: → Broke above […]
04/07/2024

Election Day in UK, Sterling Shows Little Signs of Nervousness

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02/05/2024

Happy Apple Day

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