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Canada Ivey Purchasing Managers Index (PMI)

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Canada Ivey Purchasing Managers Index (PMI)

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Status

 
Latest Release
May 04, 2018
Actual
71.5
Forecast
60.2
Previous
59.8
The Ivey Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in Canada. A reading above 50 indicates expansion; a reading below 50 indicates contraction. The index is a joint project of the Purchasing Management Association of Canada and the Richard Ivey School of Business. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Richard Ivey School of Busines...
Canada Ivey Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jun 06, 2018 (May) 10:00     71.5
May 04, 2018 (Apr) 10:00 71.5 60.2 59.8
Apr 06, 2018 (Mar) 10:00 59.8 60.2 59.6
Mar 06, 2018 (Feb) 11:00 59.6 56.3 55.2
Feb 06, 2018 (Jan) 11:00 55.2 61.0 60.4
Jan 05, 2018 (Dec) 11:00 60.4 62.2 63.0

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Analysis

Ivey PMI Discussion

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All Comments (33)
Adikara Dwi Atmaja
Adikara Dwi Atmaja Nov 04, 2017 11:38AM ET
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low forecast, i'll short usdcad if the price going up before the news
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Shammi Abeyweera
Shammi Abeyweera Mar 07, 2017 10:08AM ET
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Cad for the win! .
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Muhammad Younas
Muhammad Younas Mar 07, 2017 8:57AM ET
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what about today news
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Trading Systems
Trading Systems Mar 04, 2016 10:33AM ET
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PMI should not be graded with a level 3 importance. It has little effect on CAD currency movements. It should be graded as a level 1 or 2 at the most
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Lucian Moldovan
Lucian Moldovan Jun 04, 2015 1:57AM ET
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I think USD down.
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Muhammad Sajjad Hussain
Muhammad Sajjad Hussain Feb 04, 2015 5:21AM ET
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usd cad up
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Nikos KFk
Nikos KFk Dec 04, 2014 5:30AM ET
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its so unpredictable i did one trade at 1.13610 and took profit at 1.13531 and from since then i lost all the other trades with 20% of my capital -
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Arash Hey
Arash Hey Nov 06, 2014 7:54AM ET
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Down1.1370/50
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David James
David James Nov 06, 2014 7:54AM ET
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USDCAD?
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Muhammad Qadeer Tanoli
Muhammad Qadeer Tanoli Oct 06, 2014 10:05AM ET
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daniel bro how you forecast news?.
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jonathan john
jonathan john Oct 06, 2014 9:57AM ET
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thanks if cad going means usd/cad would be down right bro
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