Canadian Ivey PMI s.a (Mar) 49.7 vs. Exp. 57.2 (Prev. 56.6)
The Canadian Ivey PMI came in significantly lower than expectations, indicating a reading of 49.7 compared to the anticipated 57.2.
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Canadian Ivey PMI s.a (Mar) 49.7 vs. Exp. 57.2 (Prev. 56.6)
Upside seen in Perrigo Company (PRGO), traders circulating M&A rumours
A Pakistani government official with information about peace talks said, “There is no hope anything will be confirmed today following U.S.-Israeli attacks on Iran and Iranian attacks inside Gulf states.”, via MSNow
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This notable miss suggests a contraction in manufacturing activity, which could have implications for economic growth and potentially influence the Bank of Canada's monetary policy outlook.
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