- Canada Gross Domestic Product (GDP) to Slow for Second-Time in 2014. - Growth Rate to Hold Above 2% for Second Consecutive Quarter. Trading the News: Canada Gross Domestic Product (GDP) Canada’s 3Q Gross Domestic Product (GDP) report may generate a near-term bounce in USD/CAD as the growth rate is expected to increase an annualized 2.1% following the 3.1% expansion during the three-months through June. What’s Expected: ...
- U. of Michigan Confidence Survey to Rebound Following Unexpected Decline in July. - Expected to Hold Above 80.0 for Ninth Consecutive Month. Trading the News: U. of Michigan Confidence A rebound in the U. of Michigan Confidence survey may generate a bullish reaction in the U.S. dollar (bearish EUR/USD) as it raises the outlook for growth and inflation. What’s Expected: Why Is ...