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Breaking Posted 8 hours ago

Canada Manufacturing Activity Slows; PMI Falls

News
Canada's S&P Global Manufacturing PMI declined, signaling weaker factory momentum. Softer activity may weigh on the loonie if sustained, though impact depends on whether slowdown reflects domestic demand weakness or global headwinds. Traders watch for confirmation in upcoming employment and GDP data.
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Latest Updates

8 hours ago

Canada Manufacturing Activity Slows: PMI Falls to 51.5

Canada's S&P Global Manufacturing PMI dropped to 51.5 in September from 53.0 in August, signaling softer factory momentum. The decline pressures CAD as slower domestic activity reduces rate-hike expectations and narrows the interest-rate differential versus the US, where the Fed remains focused on persistent PCE inflation.

https://x.com/LiveSquawk/status/2105654835093680208
6 hours ago

Canada Factory PMI Falls to Six-Month Low in September

Canadian manufacturing PMI declined to a six-month low in September, driven by trade friction concerns. Weakness in factory activity pressures CAD, particularly against USD. Slowdown adds to BoC rate-cut expectations and signals economic headwinds ahead of Q4 data.

https://x.com/ReutersBiz/status/2105677935952678970
2 hours ago

Canada Factory PMI Falls to Six-Month Low in September

Canadian factory activity contracted to a six-month low in September amid trade friction headwinds. Weakening manufacturing momentum pressures the loonie and signals economic slowdown risk. Traders watch for Bank of Canada policy response as growth concerns mount.

https://x.com/ReutersBiz/status/2105742180430000599
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