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April GDP MoM Preview - 08:30 EDT.......>

CANADA DATA
CANADA DATA: April GDP MoM Preview - 08:30 EDT
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- Bbg and MNI Median MoM +0.2%, prior +0.5% MoM.
- March GDP at +0.5% MoM seen as exceptional.
- April's anticipated +0.2% seen consistent with 2% annualized growth in 2Q...
- ...enough for a mild rebound after softer overall 1Q data.
- Components for April have been mixed...
- ...positive surprise from wholesales sales, but retail sales disappointed.

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