Market Foсus

On Thursday, 07.12.2017, attention should be focused on the data on the index of business activity (PMI) Ivey of Canada. The index measures the level of activity of purchasing managers in Canada and indicates prosperity in the industrial sector.

According to the forecast, in November the index will fall to the level of 59.9, against 63.8 in the previous month. In case of release of data within the forecast, the Canadian will be under pressure and one shohuld expect the pair USD/CAD to grow within 30-40 points.

Alexander Sivtsov