September 2014 Canadian Ivey PMI 58.6 vs 53.0 exp

  • Prior 50.9
  • NSA 65.2 vs 49.1 prior
  • Prices 71.6 vs 52.2
  • Employment 53.0 vs 49.5 prior
  • Inventories 60.0 vs 46.8 prior
  • Supplier deliveries 42.7 vs 44.6 prior

USD/CAD gets moose slapped down to 1.1190 as the seasonal pattern works once again and we get a hefty bounce. Prices put in a huge jump which might have the BOC trying to explain their “temporary” high inflation for another month.

Canadian Ivey PMI 06 10 2014

Canadian Ivey PMI 06 10 2014

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