Canada: Feb manufacturing sales likely to post 1.2% increase - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TDS suggest that Canada’s manufacturing sales for February are the lone data release for today’s Canadian session.

Key Quotes

“TD is above consensus and looks for a 1.2% increase (market: 0.9%) due to a rebound in motor vehicle shipments. Real manufacturing sales should rise by roughly 1.0%, providing support to industry-level GDP.”

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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