Canada Markit Jan mftg PMI just out 1 Feb

Stronger PMI data for Jan

Says Markit:

  • Canadian manufacturers reported a strong start to 2018, underpinned by faster rises in output volumes, new business intakes and staff recruitment.
  • There were also signs that the resurgence in production schedules would continue in the months ahead, with incomplete workloads accumulating at the fastest pace since the survey began in October 2010.
  • Improved demand conditions and sharp input cost inflation meanwhile led to the largest increase in factory gate prices for almost seven years.

USDCAD 1.2321 from 1.2310 though as USD demand returns.

Full report here