Canadian S&P Global Services PMI (Feb) 46.5 (Prev. 45.8)
The Canadian S&P Global Services PMI for February came in at 46.5, an increase from the previous reading of 45.8.
Iran denies the NYT report that Iran reached out to CIA for talks to end the war, Tasnim reports
CNBC's Faber says they've heard nothing to support the pursuit of the SpaceX and Tesla (TSLA) merger, CNBC reports
Canadian S&P Global Services PMI (Feb) 46.5 (Prev. 45.8)
The Royal Navy of Oman responds to a report of a Malta-flagged cargo ship coming under fire from two missiles near the Strait of Hormuz, where the ship's crew of 24 individuals was rescued and provided with the necessary medical care
UKMTO announces that an unknown projectile fell near a vessel 20NM West of UAE's Dubai
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This slight improvement suggests a marginal uptick in service sector activity, but it remains below the neutral level of 50, indicating ongoing contraction. This data could influence market sentiment around the CAD, especially in relation to expectations for future economic growth and monetary policy direction.
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