Canadian GDP MoM Prel (Dec) M/M 0.1% (Prev. 0.1%)
The preliminary Canadian GDP growth of 0.1% for December matches the previous month's figure, indicating a stable but potentially stagnant economic environment.
Daily US Equity Opening News - Trump nominates Warsh as Fed Chair; AAPL beats, sees strong iPhone demand
Fed's Bostic (Retiring) says inflation is too high and needs to come down, want clear evidence of a return to 2%, via CNBC
Canadian GDP MoM Prel (Dec) M/M 0.1% (Prev. 0.1%)
US PRE-MARKET MOVERS: AAPL, SNDK, DECK, SOFI, CL, TSLA, VZ, CVX, SCHW, NVDA, WDC
Freeport LNG in Texas on track to take in more natgas today after the liquefaction train shut on Thursday
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This print suggests that there are limited growth signals, which could impact the Bank of Canada's future policy decisions, particularly regarding rates and economic outlook. Markets may interpret this as a sign of resilience in the face of global uncertainties but watch for any revisions or subsequent data for clearer insights.
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