This Week: GDP

Wrapping up a quiet week, the business condition orders survey reflected better than expected optimism from manufacturers. Despite the promising read, the report only served to moderate the Canadian dollar?s decline. Next week?s docket includes some market moving indicators for Canada, including GDP and the [B]Ivey Purchasing Managers Index[B]. [/B][/B]

[B]Previous 24 hours:[/B]
[B]Business Conditions Orders /B
Actual: 6.0
Previous: 12.0

[B]Next 24 hours:[/B]
[B]Industrial Product Price /B (JUN)
Expected: -0.5%
Previous: -0.5%
[B]Raw Materials Price Index /B (JUN)
Expected: -0.5%
Previous: -0.2%

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