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.
There is no forecast value for S&P Global Manufacturing PMI yet - check back for updates.
The most recent announced value for S&P Global Manufacturing PMI was 52.2 against a forecast of 51.9.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bearish change | -0.1% | -0.3% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.6% | 1.8% | ||
Consumer Price Index (MoM) | Bearish change | 0% | -0.4% | ||
Consumer Price Index (YoY) | Bearish change | 1.9% | 1.8% | ||
Average Hourly Wages (YoY) | Bearish change | 3.9% | 3.7% | ||
Net Change in Employment | Bullish change | 50.5K | 90.9K | ||
Unemployment Rate | Bullish change | 6.8% | 6.7% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |