The post Canada GDP contracts 0.6% in Q4 vs. 0% expected appeared on BitcoinEthereumNews.com. Canada’s real Gross Domestic Product (GDP) contracted at an annualizedThe post Canada GDP contracts 0.6% in Q4 vs. 0% expected appeared on BitcoinEthereumNews.com. Canada’s real Gross Domestic Product (GDP) contracted at an annualized

Canada GDP contracts 0.6% in Q4 vs. 0% expected

Canada’s real Gross Domestic Product (GDP) contracted at an annualized rate of 0.6% in the fourth quarter, Statistics Canada reported on Friday. This print followed the 2.4% growth recorded in the previous quarter and came in below the market expectation of 0%.

On a quarterly basis, GDP contracted by 0.2% after the third quarter’s 0.6% expansion.

“Real GDP increased 1.7% in 2025, the slowest pace of annual growth since the decline in 2020. Lower exports, particularly to the United States, were the main contributor to the slower rise in GDP in 2025,” the press release read.

Market reaction

USD/CAD largely ignored these figures and was last seen trading unchanged on the day at 1.3680.

Source: https://www.fxstreet.com/news/canada-gdp-contracts-06-in-q4-vs-0-expected-202602271352

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.000586
$0.000586$0.000586
-5.98%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun stock plummeted 28% to $14.74 following weak 2026 cash flow guidance despite Q4 EPS beat. Jefferies downgrades to Hold as capital return hopes fade. The
Share
Blockonomi2026/02/28 00:23
MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

Developers building new financial and crypto experiences can now access the pyusdx stablecoin infrastructure to issue tailored digital dollars backed by PayPal
Share
The Cryptonomist2026/02/27 22:47