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 S&P Global Manufacturing PMI yet - check back for updates.
(A summary of the historic trading range after each event is not available for S&P Global Manufacturing PMI. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent S&P Global Manufacturing PMI.
The most recent announced value for S&P Global Manufacturing PMI was 48 against a forecast of 49.2.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | -0.2% | 0% | ||
Retail Sales (MoM) | Bullish change | 0.1% | 0.3% | ||
Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 1% | ||
BoC Consumer Price Index Core (MoM) | Bearish change | 0.5% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 3.2% | 3.3% | ||
Consumer Price Index (MoM) | Bearish change | 0.6% | 0.4% | ||
Consumer Price Index (YoY) | Bullish change | 3.3% | 4% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |
The value of S&P Global Manufacturing PMI has been announced.
Forecast | Actual |