Canada June international securities transactions report 16 Aug
- prev revised down from CAD 29.46bln
Foreign Securities Purchases measures the overall value of domestic stocks, bonds, and money-market assets purchased by foreign investors.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
- foreign securities purchased by Canadians CAD 13.22bln vs 4.3bln prev
Foreign Securities Purchases by Canadians is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time. A high number indicates currency outflow (residents buy foreign securities, therefore change their CADs to the foreign currency), therefor a higher than expected number would be dovish for the CAD, while a lower than expected number would be bullish.
USDCAD 1.2724 after a dip to 1.2712
CAD intl securities flow
