Canada: Focus on trade data – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that the Canada’s international merchandise trade for June is projected to show a return to a $0.30bn deficit (TD & market) following the largest surplus since 2016.

Key Quotes

“Weaker exports should provide the main driver behind the soft print owing to a pullback in transportation equipment alongside weaker energy exports while imports should see little change on the month.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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