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Canada Leading Index MoM fell to 0.14% in June 2026, released July 2026, down 0.01% from May's 0.15% reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.80 | CRYPTO | Moves with | → View |
| XAU/USD | ▲ Direct | +0.55 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Leading Index MoM (Canada) was reported at 0.14% in July 2026. The reading fell from the previous value of 0.15%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.2%, ranging from 0.11% to 0.28% across 6 releases.
The trailing three releases averaged 0.18%, down from the prior three at 0.23%.
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU).
Same-country events in the next 14 days include Balance of Trade (Aug 4) and S&P Global Manufacturing PMI (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
The Leading Index MoM (Month-over-Month) is a key financial indicator that measures the changes in economic activity and predicts future trends. It is calculated by analyzing a variety of economic data, such as stock prices, consumer confidence, and housing starts, to provide insight into the direction of the economy. This indicator is widely used by investors, businesses, and policymakers to make informed decisions and anticipate potential shifts in the market. A positive change in the Leading Index MoM suggests a growing economy, while a negative change may indicate a potential economic downturn. Overall, the Leading Index MoM is a valuable tool for monitoring and forecasting economic conditions.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Jun 2026): actual 0.14 %. Prior reading (May 2026): 0.11 %. Before that (Apr 2026): 0.06 %.
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.80) — a useful reference for crypto-focused traders.
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| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Average Weekly Earnings | 3.4 | 3.67 | 3.7 | 3.55 | Low | |