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Canada Ivey Purchasing Managers Index (PMI)
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Latest Release
Nov 05, 2021
Actual59.3
Previous70.4
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.
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 07, 2021 (Nov) | 10:00 | 59.3 | |||
| Nov 05, 2021 (Oct) | 09:00 | 59.3 | 70.4 | ||
| Oct 07, 2021 (Sep) | 09:00 | 70.4 | 66.0 | ||
| Sep 08, 2021 (Aug) | 09:00 | 66.0 | 56.4 | ||
| Aug 06, 2021 (Jul) | 09:00 | 56.4 | 71.9 | ||
| Jul 07, 2021 (Jun) | 09:00 | 71.9 | 64.7 |
News
Forex - Dollar Gains Momentum on Upbeat Services Data
By Investing.com - Jan 07, 2020
Invesing.com – The U.S. dollar rose on Tuesday as better-than-expected non-manufacturing data suggested the economy remained on firm footing. The U.S. dollar index, which measures the greenback...
Forex - Dollar Inches Higher, but Gains Capped by Yen on Trade Concerns
By Investing.com - May 07, 2019
Investing.com – The U.S. dollar climbed against its rivals on Tuesday, on data showing underlying strength in the labor market, but upside was limited by a rise in the yen as U.S.-China trade...
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By Investing.com - Feb 06, 2019
Investing.com – The U.S dollar hit two-week highs against its rivals Wednesday after data showed the U.S. trade deficit narrowed by more-than-expected, while weakness in the euro also lifted...
Analysis
U.S. Dollar Extends Gains On Stronger Retail Sales
By Kathy Lien - Nov 16, 2021
10
Investors bought U.S. dollars after retail sales rose for the third month in a row. The increase in demand was widely anticipated, but the increase in overall spending along with spending ex-autos...
Week Ahead: Monetary Policy, Supply Crunch, Jobs In Focus As Stocks Keep Rising
By Pinchas Cohen/Investing.com - Oct 31, 2021
15
Fed expected to taper bond program, BoE members call for rate hikes Investors push equities to records on Friday, despite risks, underwhelming earnings As November begins, the Federal Reserve remains...
FX: Watch UK And CA Rate Hike Bets
By Kathy Lien - Oct 19, 2021
8
U.S. stocks extended their gains on Tuesday, and the improvement in risk appetite drove investors out of safe-haven currencies into riskier ones, which explains why the U.S. dollar ended the day lower...
Ivey PMI Discussion
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