Photo: Debs via Flickr
ORIGINAL POST: Last big economic datapoint of the day.Canadian PMI — technically the Ivey PMI — comes out at 10:00 AM.
Analysts expect 62.0 down from 64.1 in the previous month.
Given Canada’s role in commodities and so on, this should not be discounted.
It’s a big beat.
66.5 is well ahead of 62.0, and nicely ahead of 64,1 last year.
Given Canada’s role in global commodity trade and so on, this is good news.