Canada S&P Global Manufacturing PMI declined to 50 in March from previous 51

Apr 1, 2026

USD/CAD: Rally shows exhaustion near 1.39 – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is only slightly firmer versus the Dollar (USD) despite broad USD weakness, but sees scope for a meaningful CAD recovery after a 1.4% Q1 decline.

Copper: Chile output slump and mine cuts – ING

ING analysts Ewa Manthey and Warren Patterson highlight tightening conditions in Copper, as Chile posts its lowest monthly output in almost nine years and Ivanhoe cuts production guidance at Kamoa‑Kakula.