Canada’s annual inflation rose to 8.10% YoY in June from 7.7% in May , the highest since January 1983, however below market expectations of 8.4%.
Core consumer prices in Canada increased to record 6.20% in June form 6.1% YoY in May, below analysts forecasts of 6.7%.
USDCAD saw relatively small reaction to today’s data release. The most popular currency pair continued to trade around 1.2885 level. Source: xStation5
BREAKING: US December manufacturing PMI holds at 51.8; eases from 52.2 in November📌
BREAKING: S&P Manufacturing PMI data from the UK weaker than expected
Economic calendar: Markets await final US manufacturing PMI data🔎
BREAKING: Euro Zone Manufacturing PMI misses the estimate 🇪🇺 📉