-- 加拿大帝国商业银行(CIBC)在周二公布数据后表示,受油价上涨带动石油出口激增,以及黄金交易的火爆,加拿大3月份贸易收支意外转为顺差。 然而,该行指出,出口量的改善幅度远不及石油出口,而且就整个季度而言,净贸易似乎仍对第一季度国内生产总值(GDP)略有拖累。 CIBC指出,3月份商品贸易顺差为18亿加元,而上月为51亿加元逆差,市场普遍预期为25亿加元逆差。 该行表示,尽管经济数据远超预期,但市场对油价波动的反应仍然更为强烈,而非对经济数据本身的反应。 CIBC补充道,虽然3月份的贸易顺差出乎意料,但这主要是由价格波动驱动的,而非实际经济活动强于预期的迹象。 鉴于上周有迹象表明汽油价格上涨可能已经对消费者支出产生负面影响,加拿大央行仍然预计今年GDP增长将较为温和,且几乎没有证据表明经济中的闲置产能正在被消化。 加拿大帝国商业银行(CIBC)认为,鉴于此,加拿大央行应该会忽略短期内通胀率的飙升,并维持今年利率不变。
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