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Canada’s Ivey PMI registered 55.1 in July 2026, missing the consensus estimate of 55.5. The index declined from 56.2 in June 2026, marking a 1.1-point drop between the two months. Despite the pullback, the reading remains above the 50 threshold, indicating ongoing expansion in Canadian private sector activity after several months of readings in the mid- to high-50s earlier in 2026. The Ivey PMI, which captures purchasing activity across sectors including manufacturing, services, and public institutions, reflects changes in orders, employment, inventories, and supplier deliveries, though detailed July sub-index data are not provided here. Compared with earlier 2026 readings such as 58.2 in May and 57.7 in April, the latest figure signals a moderation from stronger mid-year momentum but still aligns with Canada’s broader macro backdrop of steady domestic demand and trade-linked activity. Market participants now monitor how this modest downside surprise influences Canadian dollar trading, Bank of Canada assessments of business conditions, and upcoming releases on employment, GDP, and other sentiment indicators. Updated 8/7/26
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In-range ~60% (backtest)
In-range ~60% (backtest)
Data as of
Russell 2000 rose 1.00% on August 7, pushing above yesterday's close of $3,001.55. Updated 8/7/26
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NASDAQ Composite rose 0.80% on August 7, pushing above yesterday's close of $26,348.35. Updated 8/7/26
CBOE Volatility Index fell 0.80% on August 7, pulling below yesterday's close of $15.1500. Updated 8/7/26
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RMD fell 8.50% on August 7, pulling below yesterday's close of $223.41 — vs an avg daily swing of ±0.4% over 30 days. The Sigmanomics 7-day forecast conflicts with this move, projecting a range of $223.64–$236.65; curre…
Canada’s Ivey PMI for June came in at 56.2, missing the 59.1 estimate and down from May’s 58.2, signaling a slowdown in expansion. The index remains above the 50 threshold, indicating continued growth but at a reduced p…
US Unemployment Rate for June came in at 4.200000%, beating the 4.300000% estimate and down from May’s 4.300000%. The decline from May to June signals a tightening labor market as the rate fell by 0.1 percentage points.…
US Non Farm Payrolls rose by 57,000 in June, missing the 110,000 estimate and down sharply from May’s 172,000. June’s gain signals a significant slowdown in job growth compared to the prior month. Markets will closely w…
US Average Hourly Earnings MoM rose 0.300000% in June, matching the prior month’s 0.300000% and consensus. June’s steady 0.300000% gain followed May’s identical increase, indicating stable wage growth without accelerati…
US Average Hourly Earnings YoY rose to 3.5% in June, matching estimates and up from May’s 3.4%. This marks a modest acceleration in wage growth compared to the prior month, indicating steady labor cost pressures. Market…
The US Participation rate for June came in at 61.5%, missing the estimate of 61.7% and down from May’s 61.8%. This decline marks a continued downward trend in labor force engagement after May’s slight dip from April’s 6…
Canada's Unemployment Rate for June came in at 6.5%, beating the 6.6% estimate and down from May's 6.6%. The decline from May to June signals a modest improvement in the labor market. Market participants will watch upco…
Canada's Employment Change for June came in at 18.2K, missing the estimate of 10.0K but down sharply from May's 88.0K. The data signals a significant slowdown in job gains after a strong rebound in May. Market focus wil…
Canada's Full Time Employment Change for June came in at 0.6K, sharply missing the estimate of -15K and down from May's 154K. June's reading signals a near stall in full-time job growth compared to the strong expansion …
Canada's Part Time Employment Change rose to 17.5K in June, missing the 25K estimate but rebounding sharply from May's -66.2K. The increase from May to June signals a recovery in part-time jobs after a steep decline. Ma…
Canada's Participation rate for June held steady at 65.000000%, matching May's level and missing the 65.200000% estimate. The rate remained unchanged from May's 65.000000%, indicating a stable labor market engagement. M…
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