Canada's RBC PMI for June slips to 52.4 from May's 53.2. Among the contributors to the expansion...
Canada's RBC PMI for June slips to 52.4 from May's 53.2. Among the contributors to the expansion were New Export Orders with some businesses mentioning an increase in activity out of Europe. The manufacturing slowdown from earlier this year was "a temporary blip," says RBC's Craig Wright, looking for strengthening international demand in H2. The loonie (FXC -0.5%) remains lower vs. the greenback.
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