Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Ivey Purchasing Managers Index s.a was 47.9 against a forecast of 51.2.
Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Ivey Purchasing Managers Index s.a result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | (no change) | 3.5% | 3.5% | ||
Net Change in Employment | Bullish change | -32.6K | 7.4K | ||
Unemployment Rate | Bearish change | 6.7% | 6.9% | ||
Ivey Purchasing Managers Index | Bearish change | 55.6 | 52.3 | ||
S&P Global Manufacturing PMI | Bearish change | 46.3 | 45.3 | ||
Gross Domestic Product (MoM) | Bearish change | 0.4% | -0.2% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Ivey Business School |
Category: | Economic Activity |
Frequency: | Monthly |