CAD: Manufacturing sales are expected to rebound sharply - TDS

Sandeep Kanihama FXStreet Contributor

In view of the analysts at TDS, Canadian November manufacturing sales are expected to rebound sharply after a 0.8% decline last month.

Key Quotes

“Markets expect a 1.0% m/m increase while TD sees upside risk and looks for a 1.4% m/m advance. Manufacturing activity will benefit from the broad pickup in exports, though gasoline prices will provide a partial offset. International security transactions for November will be released simultaneously at 8:30 ET.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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