Canada February manufacturing sales -0.2% vs -0.1% expected

Author: Adam Button | Category: News

Canadian February manufacturing sales

  • Prior was +1.0% (revised to +0.8%)
  • Ex autos +0.2% vs +0.9% prior
  • New orders +1.5% vs -12.4% prior
  • Inventories +0.5%
This isn't a great look with the headline, revisions and details all concerning. USD/CAD has ticked a few pips higher but I think this will be overshadowed by oil and the risk trade today.

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