Canadian Ivey PMI s.a (Apr) 57.7 vs. Exp. 49.9 (Prev. 49.7)

The Canadian Ivey PMI for April coming in at 57.7, significantly above expectations of 49.9, suggests a robust expansion in the manufacturing sector.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

US Supreme Court is not pausing the order which held Apple (AAPL) in contempt over App Store fees, in a dispute with Epic Games

Israeli PM Netanyahu is holding talks with US officials to discuss and understand the latest developments between the US and Iran, CNN reports

Canadian Ivey PMI s.a (Apr) 57.7 vs. Exp. 49.9 (Prev. 49.7)

US EQUITY OPEN: US indices gain amid risk-on sentiment as Middle East rhetoric appears more constructive

Quarterly Refunding Review: Press conference at 15:00BST/10:00EDT

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This strong print indicates that economic activity may be outpacing recent trends, which could have positive implications for the Bank of Canada's monetary policy considerations. Traders should watch for potential shifts in CAD as this data reflects underlying economic strength.

Related headlines

The whole workspace, free to try.

Try it free