Canada GDP Likely Grew 2.5% in First Quarter, Below Forecast [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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Source: Yahoo! Finance
(Bloomberg) -- The Canadian economy appeared to be running out of steam at the end of the first quarter, bolstering a case for the Bank of Canada to pivot to easier policy as early as June. Most Read from Bloomberg HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years Tesla Soars on Tentative China Approval for Driving System Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter Binance and CZ's Fortunes Are Set to Grow, Jail or no Jail US Warns ICC Action on Israel Would Hurt Cease-Fire Chances Preliminary data suggest gross domestic product was unchanged in March as gains in utilities and real estate were offset by declines in manufacturing and retail trade, Statistics Canada reported Tuesday in Ottawa. That followed 0.2% growth in February, missing expectations for a 0.3% increase in a Bloomberg survey of economists. Taken together with a downwardly revised 0.5% expansion in January, the industry-based GDP numbers point to an increase of 2.5% ann
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- 5/20/24 - Form 6-K
- 5/17/24 - Form 8-A12B
- HSBC's page on the SEC website