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GDP (3Q and Sept.) Preview - 08:30......>

CANADA DATA: GDP (3Q and Sept.) Preview - 08:30 EDT
- MNI Median +1.3% annualized pace in 3Q, prior +3.7% that was fastest in 2
- That pace would match BOC forecast for 2H and could sustain view economy is on
track to keep inflation on target
- Global trade dispute damage to investment/exports likely the biggest drag
- Consumer spending likely to aid growth somewhat, with risk of weakness on high
debt loads
- Energy industry a wild card as shutdowns curb production while oil prices rose
in Sept.
- Sept. GDP Median +0.1%, prior +0.1%, may signal weak handoff to 4Q. Factories
and retails weak while wholesale +1.0%.

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