Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
The consensus forecast for Ivey Purchasing Managers Index s.a is 55.2. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Ivey Purchasing Managers Index s.a was 53.3 against a forecast of 49.1.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Ivey Purchasing Managers Index s.a result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bullish change | 45.6 | 46.1 | ||
Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
BoC Interest Rate Decision | (no change) | 2.75% | 2.75% | ||
Retail Sales (MoM) | Bearish change | 0.3% | -1.1% | ||
Retail Sales ex Autos (MoM) | Bullish change | -0.3% | -0.2% |
Country: | Canada |
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Currency: | CAD |
Source: | Ivey Business School |
Category: | Economic Activity |
Frequency: | Monthly |