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Canada Jan Ivey PMI 66.0 vs 49.5 expected

Discussion in 'Market News' started by ForexLive, Feb 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Canadian manufacturing survey - Prior was 49.9 - Non-seasonally adjusted at 56.7 vs 42.5 prior The Ivey PMI is ridiculously volatile. The market used to move on Ivey PMI headlines but it hasn't proven to be a leading indicator of anything for years. The RBC/Markit Canadian PMI has slowly replaced it.

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