“Canadian manufacturers reported a sustained upturn in overall business conditions in October, but the rate of improvement slowed for the fourth month running,” said the IHS Markit in its Canadian Manufacturing PMI report. Key takeaways from the press release This was highlighted by a fall in the seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index to 53.9, from 54.8 in September. Production volumes expanded at the slowest pace since December 2016. October data pointed to another sharp increase in average cost burdens at manufacturing companies. Survey respondents commented that steel tariffs and rising transportation costs had resulted in higher input prices. Looking ahead, manufacturers are optimistic overall that their production volumes will rise in the next 12 months. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD keeps highs around 1.1400 ahead of US ISM FX Street 4 years "Canadian manufacturers reported a sustained upturn in overall business conditions in October, but the rate of improvement slowed for the fourth month running," said the IHS Markit in its Canadian Manufacturing PMI report. Key takeaways from the press release This was highlighted by a fall in the seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers' Index to 53.9, from 54.8 in September. Production volumes expanded at the slowest pace since December 2016. October data pointed to another sharp increase in average cost burdens at manufacturing companies. Survey respondents commented that steel tariffs and rising transportation costs had resulted… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
