Group 1 - The Canadian economy faced a GDP decline of 1.6% in the second quarter, indicating ongoing challenges ahead [1] - The economic contraction was primarily driven by severe net trade impacts, although the likelihood of a similar situation recurring is low [1] - Revised GDP data for June and preliminary estimates for July suggest insufficient economic growth momentum, indicating that third-quarter performance may fall short of the Bank of Canada's previous expectations [1] Group 2 - Capital Economics posits that the Bank of Canada may soon resume interest rate cuts in response to weakened economic growth and heightened downside risks [1] - The USD/CAD exchange rate is testing the 9-day Exponential Moving Average (EMA) at 1.3801, with a potential breakthrough improving short-term price momentum [1] - If the USD/CAD surpasses the 1.3801 level, it may target the four-month high of 1.3924 established on August 22, with further resistance at the five-month high of 1.4016 reached on May 13 [1]
经济数据接连疲软 加拿大央行或很快重启降息周期
Jin Tou Wang·2025-09-11 04:13