The typical/expected market impact of this event is low.
The consensus forecast for Capacity Utilization is 78.4%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Capacity Utilization was 78.5% against a forecast of 79.3%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Capacity Utilization result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bullish change | 47 | 56.3 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 50.9 | 56.6 | ||
| S&P Global Manufacturing PMI | Bullish change | 50.4 | 51 | ||
| Gross Domestic Product (MoM) | Bullish change | 0% | 0.2% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.6% | -0.2% | ||
| Gross Domestic Product Annualized | Bearish change | 2.4% | -0.6% |