Ivey PMI is due at 17:00 (GMT+2). The indicator is expected to drop to 59.7 points in November from 61.8 points a month earlier. The index is calculated by Ivey Business School and gives the estimation of current economic conditions in the country. The values above 50 show that business activity is increasing, thus strengthening CAD. The values below 50 show business decline, weakening CAD.
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