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.
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
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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.
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