Canada Ivey Nov manufacturing PMI 63.6 vs 53.0 expected

Discussion in 'Market News' started by ForexLive, Dec 4, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Manufacturing survey data from Canada: - Prior was 53.1 That's the seasonally adjusted reading. Non-seasonally adjusted, it rose to 57.9 from 52.3. It looks like a huge jump but it's a wildly inconsistent survey and doesn't have many fans left in the market. Still, it adds to the story of Canadian manufacturing improving because of the weak loonie.

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