Canada April Ivey PMI 55.9 vs 54.3 prior

The Canadian April 2019 Ivey manufacturing PMI

• Prior was 54.3
• Non-seasonally adjusted 56.7 vs 57.6 prior

This is a volatile indicator so a 1.6 point beat isn't really significant. Still, it's a bit of good news for the Canadian economy. But it won't move the loonie, especially with oil hitting fresh lows as we speak.