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Is anyone surprised? : the high-frequency impact of US and domestic macroeconomic data announcements on Canadian asset prices / by Blake DeBruin Martos, Rodrigo Sekkel, Henry Stern and Xu Zhang.FB3-7/2025-10E-PDF

"Macroeconomic data, such as consumer price index (CPI), gross domestic product (GDP) and labour market indicators, provide important information about the state of the business cycle. Accordingly, announcements about these data are highly anticipated by financial market participants and policy-makers. In a small open economy like Canada, in addition to domestic macroeconomic announcements, US macroeconomic releases are watched carefully due to the close financial and economic ties between the two countries. This paper compares the impacts of domestic and US macroeconomic announcements on a broad set of Canadian asset prices using almost two decades’ worth of high-frequency data"--Introduction, page 1.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.949520&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleIs anyone surprised? : the high-frequency impact of US and domestic macroeconomic data announcements on Canadian asset prices / by Blake DeBruin Martos, Rodrigo Sekkel, Henry Stern and Xu Zhang.
Series title
  • Staff analytical note = Note analytique du personnel, 2369-9639 ; 2025-10
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: March 13, 2025."
  • Includes bibliographical references (page 14).
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2025.
  • ©2025
Author / Contributor
  • Martos, Blake DeBruin, author.
Description1 online resource (i, 14 pages) : charts.
Catalogue number
  • FB3-7/2025-10E-PDF
Subject terms
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