• Employment 53.6 vs 53.8 prior
  • New orders 56.4 vs 53.7 prior

The jump pushes the index to an 11 month high.

USD/CAD suffers a 5 pip loss to 1.1289

“Despite the challenges we are seeing in the European and emerging markets, the continued recovery of the U.S. economy should continue to support Canadian exports going forward.” Said RBC senior VP and chief economist, Craig Wright

Canadian RBC manufacturing PMI 03 11 2014

Canadian RBC manufacturing PMI 03 11 2014

Up next is the October final Markit US manufacturing PMI expected in unchanged at 56.2 from the flash and 57.5 in Sep