Canada's international trade figures for October disappoint expectations. The trade deficit stands at -0.580 billion CAD, deeper than the expected (-1.50 billion). Previous data showed a slight rebound (0.15 billion), revised upward to 0.24 billion, but October marks a reversal. This contraction in trade flow reflects ongoing trade tensions and weak external demand, factors that weigh on the currency and influence asset allocation strategies in the markets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
9
Repost
Share
Comment
0/400
ImpermanentPhilosopher
· 01-10 05:35
Canada's October trade data is once again disappointing; this deficit strategy is really outrageous...
View OriginalReply0
BasementAlchemist
· 01-09 08:12
The Canadian dollar is underperforming again... Looking at October's trade data, it's obvious something's wrong. The deficit is still widening, and I really can't hold it together.
View OriginalReply0
RugpullTherapist
· 01-08 14:04
The Canadian dollar is acting up again, with such poor October data... Always talking about deficits, relying on earlier data to keep things from looking too bad.
View OriginalReply0
WalletWhisperer
· 01-08 13:51
ngl the -0.580 spread is telling... whale clusters already priced this in weeks ago, pattern recognition never lies fr
Reply0
BugBountyHunter
· 01-08 13:42
The Canadian dollar is getting beaten again... This trade data is really terrible, October's numbers completely tanked.
View OriginalReply0
BlockchainBouncer
· 01-08 13:40
Canada's October trade data is once again disappointing, with the deficit worse than expected... At times like this, I think that the traditional financial sector's delayed data disclosure system is less transparent than real-time on-chain settlements. When commodity trade collapses, it ultimately depends on how the central bank will intervene to stabilize the market.
View OriginalReply0
HappyToBeDumped
· 01-08 13:37
The Canadian dollar is about to plunge again, this is going to be interesting... As soon as October trade data was released, it slapped in the face. I thought there was some improvement before? But then it turned out to be -0.58B, hilarious, worse than expected.
Canada's international trade figures for October disappoint expectations. The trade deficit stands at -0.580 billion CAD, deeper than the expected (-1.50 billion). Previous data showed a slight rebound (0.15 billion), revised upward to 0.24 billion, but October marks a reversal. This contraction in trade flow reflects ongoing trade tensions and weak external demand, factors that weigh on the currency and influence asset allocation strategies in the markets.