Manufacturing survey data from Canada:
- Highest since Feb 2012
- Prior was 53.1
That's the seasonally adjusted reading. Non-seasonally adjusted, it rose to 57.9 from 52.3.
It looks like a huge jump but it's a wildly inconsistent survey and doesn't have many fans left in the market. Still, it adds to the story of Canadian manufacturing improving because of the weak loonie.
USD/CAD dipped down to 1.3318 from 1.3344 but has bounced right back.