Canadian GDP MoM (Feb) M/M 0.2 vs. Exp. 0.2 (Prev. 0.1)
The Canadian GDP growth of 0.2% in February met expectations and reflects a slight improvement from the prior month's 0.1%.
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
Canadian GDP MoM (Feb) M/M 0.2 vs. Exp. 0.2 (Prev. 0.1)
ING says "edging towards a BoE hike in June", following BoE meeting (prev. saw no tightening in 2026)
Meta Platforms (META) seeks to raise as much as USD 25bln from its six-part debt sale
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This steady pace suggests ongoing resilience in the economy, which could have implications for future monetary policy, especially if this trend continues. Traders should watch for potential impacts on the CAD relative to other currencies as the data aligns with a cautious growth outlook.
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