Canadian S&P Global Manufacturing PMI (Jan) 50.4 (Prev. 48.6)
Newsquawk Staff ·
Canadian S&P Global Manufacturing PMI (Jan) 50.4 (Prev. 48.6)
What it means
The Canadian S&P Global Manufacturing PMI for January came in at 50.4, up from the previous reading of 48.6, indicating a shift towards expansion in the manufacturing sector. This improvement could suggest a rebound in economic activity, which may impact monetary policy outlook as it reflects stronger growth momentum. Watch for potential implications on CAD and Canadian interest rates as markets assess sustainability.
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- Brazilian S&P Global Manufacturing PMI (Oct) 46.1 (Prev. 44.8)
- Filipino S&P Global Manufacturing PMI (Oct) 49.1 (Prev. 49.6)
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