Canadian Manufacturing Sales MoM Prel (Mar) M/M 3.5%
The preliminary data indicating a 3.5% month-on-month increase in Canadian manufacturing sales suggests a strong rebound in the sector, potentially signaling positive momentum for the Canadian economy.
German navy commander confirms readiness to participate in a mine-clearing mission in the Strait of Hormuz
American Express (AXP) says US consumer platinum spend growth accelerated after the refresh, while retention stayed high after the fee increase took effect
Canadian Manufacturing Sales MoM Prel (Mar) M/M 3.5%
Newsquawk Hawks & Doves - Federal Reserve (April)
Southwest Airlines (LUV) CEO expect Q2 margins to expand Q/Q despite higher fuel costs, CNBC reports
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This stronger-than-expected performance may influence expectations around future monetary policy, particularly if it reflects broader demand trends. Traders should consider how this might affect CAD pairs and Canadian equities, as well as potential implications for inflation forecasts.
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