At 17:00 (GMT+2), January data on the index of business activity in the manufacturing sector from Ivey will be published in Canada. The indicator reflects the state of business activity in the national manufacturing industry and is calculated on the basis of a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, the attitude of procurement and supply managers to the current economic situation and prospects for its further development is evaluated. The index is projected to drop from 59.7 to 56.0 points. The implementation of the forecast may affect CAD negatively.
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