Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Ivey Purchasing Managers Index s.a yet - check back for updates.
The most recent announced value for Ivey Purchasing Managers Index s.a was 51.3 against a forecast of 53.2.
Recent economic data has been strongly 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 | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bullish change | 53.6 | 55.6 | ||
Average Hourly Wages (YoY) | Bearish change | 4% | 3.5% | ||
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% | ||
S&P Global Manufacturing PMI | Bearish change | 47.8 | 46.3 |
Country: | Canada |
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Currency: | CAD |
Source: | Ivey Business School |
Category: | Economic Activity |
Frequency: | Monthly |