Canada Ivey Purchasing Managers Index s.a below forecasts (55.9) in March: Actual (49.7)

Apr 7, 2026

CAD: Pressured before potential late-2026 recovery – NBC

National Bank of Canada (NBC) economists Stéfane Marion and Kyle Dahms note the Canadian Dollar (CAD) initially outperformed after WTI hit $100, but has since weakened with USD/CAD now seen at 1.41 in Q2 2026.

Euro area: Growth soft but still resilient – Societe Generale

Societe Generale economists report that February Euro area activity and labour market data were slightly disappointing but within normal ranges, with unemployment at 6.2%.