Canada: Manufacturing and housing in focus today – TDS

According to analysts at TD Securities Canada’s manufacturing sales will give the first input to Canada’s Q1 GDP activity.

Key Quotes                  

“TD sees downside risks and looks for a 0.3% decline (market: 0.4%) as a pullback in motor vehicle shipments outweighs an expected rebound in petroleum output.”

“Existing home sales for February are published at 9:00 ET and expected by the market to decline by 4.0% m/m, unwinding a 3.6% increase from January that was the first positive print in four months.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.