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Canada PMI dips in September

Oct. 01, 2014 10:19 AM ETEWC, FXCBy: Stephen Alpher, SA News Editor
  • The 53.5 read in the September RBC Canadian Manufacturing PMI compares to August's 54.8, and is the lowest print since June. The Q3 average for the index was 54.2.
  • RBC's Craig Wright: "As we progress into the final months of 2014, we expect a further strengthening in the U.S economy will augment Canadian exports and set the stage for solid manufacturing business conditions overall."
  • The loonie (NYSEARCA:FXC) is up 0.2% on the session following the miss in the U.S. ISM.
  • Stocks (NYSEARCA:EWC) in Toronto are lower by 0.5%.

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