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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Leading Index MoM fell to 0.11% in May 2026
FMPMonthlyReleased June 2026
Canada Leading Index MoM fell to 0.11% in May 2026, released June 2026, down 0.01% from April's 0.12% reading.
Latest Release
0.110000
Actual
—
Consensus
0.120000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▲ Direct | +0.83 | FOREX | Bullish USD | → View |
| CAD/JPY | ▲ Direct | +0.42 | FOREX | Bullish CAD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Leading Index MoM (Canada) was reported at 0.11% in June 2026. The reading fell from the previous value of 0.12%. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The trailing three releases averaged 0.22%, up from the prior three at 0.18%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/CAD (Bullish USD). A secondary relationship exists with CAD/JPY, positively correlated (Bullish CAD).
WHAT TO WATCH NEXT
The next release is scheduled for July 7, 2026. Same-country events in the next 14 days include New Housing Price Index MoM (Jun 17) and Retail Sales MoM (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Leading Index MoM - CA
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About Leading Index MoM — Canada
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 0.11 %. Prior reading (Apr 2026): 0.06 %. Before that (Mar 2026): 0.07 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/CAD (Bullish USD, r=0.83) — a useful reference for forex-focused traders.