Canada's Ivey PMI for April dives to 52.2 from 65.0 previously, and against expectations for...

|By:, SA News Editor
Canada's Ivey PMI for April dives to 52.2 from 65.0 previously, and against expectations for 61.0. The loonie tumbles 0.5%, but remains above parity with the greenback at $1.0071. It's the latest in a string of weakish numbers from up north and may cease rumblings from the BoC about rate hikes.