At 17:00 (GMT+2), Canadian December data on the Ivey PMI will be published. The indicator reflects the state of business activity in the national manufacturing industry and is calculated on the basis of a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. The value is expected to increase from 54.7 points to 55.0 points, which, in turn, may support the CAD exchange rate.
