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Canada Current Account

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Canada Current Account

Frequency

Delivery Method

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Status

 
Latest Release
Aug 30, 2021
Actual
3.6B
Forecast
3.4B
Previous
1.8B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. Trade Balance figure is the same as the goods portion of this report. Because foreigners must buy Canadian Dollars to buy Canadian exports, the data can have a pronounced impact on the CAD.

A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.
Importance:
Country:
Currency: CAD
Source: Statistics Canada
Canada Current Account
 
Release Date Time Actual Forecast Previous
Aug 30, 2021 (Q2) 13:30 3.6B 3.4B 1.8B
May 31, 2021 (Q1) 13:30 1.2B -8.3B -5.3B
Mar 01, 2021 (Q4) 14:30 -7.3B -8.3B -10.5B
Nov 30, 2020 (Q3) 14:30 -7.5B -9.1B -7.0B
Aug 27, 2020 (Q2) 13:30 -8.6B -12.2B -13.2B
May 28, 2020 (Q1) 13:30 -11.1B -10.0B -9.3B

News

The Week Ahead: 5 Things to Watch on the Economic Calendar
The Week Ahead: 5 Things to Watch on the Economic Calendar By Investing.com - May 28, 2017

Investing.com - Global financial markets will focus on this week's U.S. employment report due Friday for further signs of the Federal Reserve's likely rate hike trajectory through the end of the...

Analysis

Kathy Lien
FX: Risk On Trades Could Lose Steam By Kathy Lien - May 28, 2020

U.S. equities extended their gains Thursday on the back of better-than-expected economic data. Durable goods fell less than anticipated, jobless claims hovered around 2 million and the market largely...

Kathy Lien
Wall Street Gives Up Gains, FX Struggles By Kathy Lien - Feb 26, 2020

Daily FX Market Roundup 02.26.20 By Kathy Lien, Managing Director Of FX Strategy For BK Asset Management The last 2 days has been brutal for U.S. markets with the Dow Jones Industrial Average...

Current Account Discussion

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