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Canada: Ivey Purchasing Manager's Index eased to 52.9 in July

The Ivey Purchasing Managers Index (PMI), an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, showed that headline index (not seasonally adjusted) eased to 52.9 in July from 63.9 in June.

  • Ivey Employment Index fell to 52.4 in July from 53.9 in June
  • Ivey Inventories Index fell to 52.7 in July from 59.9 in June
  • Ivey Supplier Deliveries Index fell to 44.2 in July from 47.6 in June

GBP/USD down a cent to fresh lows near 1.3040

The downside momentum is gathering traction around GBP/USD, which is now flirting with the area of 1.3045/40, or fresh weekly lows. GBP/USD sold off
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WTI moves higher to $49.30, daily highs

Crude oil prices are reverting yesterday’s pullback, lifting the barrel of West Texas Intermediate to the $49.30 region, or session tops. WTI now loo
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