November 2017 Canadian Markit manufacturing PMI 1 December 2017

  • New orders 53.9 vs 53.2 prior
  • Export orders 49.4 vs 49.8 prior
  • Output 53.7 vs 54.2
  • Employment 55.8 vs 55.4 prior
  • Input prices 65.3 vs 62.6 prior. Highest since Apr 2014
  • Output prices 55.6 vs 54.6

Some good news (orders, employment), some bad news (exports and output). Markit says that US customers had curbed spending, which is not good news. USDCAD is trying to stabilise around 1.2750/60.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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