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Canada Markit Manufacturing PMI fell to 55.5 in October 2020, released November 2020, down 0.5 from September's 56 reading. The reading matched the 55.6 consensus. The print is running well above the 12-month average of 48.87. Over the past 3 months, Markit Manufacturing PMI averaged 55.7, vs 47.1 in the prior 3-month window. The reading is in the 87th percentile of the trailing 24-month range.
across last 5 releases
Nov 2020
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▼ Inverse | −0.50 | FOREX | Bullish CAD | → View |
| CAD/JPY | ▲ Direct | +0.45 | FOREX | Bullish CAD | → View |
| WTI Crude | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/CAD | ▼ Inverse | −0.35 | FOREX | Bullish CAD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The November 2020 reading fell from the previous value of 56. Over the last 5 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.2. Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD) and positively correlated with CAD/JPY (Bullish CAD).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:15 | Housing Starts | 279.3 | 239.7 | 240 | 240.57 | Medium | |
| 12:30 | Foreign Securities Purchases | 4.62 | 5.84 | 11.4 | 4.75 | Low | |
| 12:30 | Manufacturing Sales MoM | 3 | 3.4 | 3.5 | 3.40 | Low | |
| Tuesday, May 19, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Inflation Rate MoM | 0.9 | 0.8 | 0.70 | Medium | ||
| 12:30 | Building Permits MoM | -8.4 | 4 | 4.00 | Low | ||
| 12:30 | Core Inflation Rate YoY | 2.5 | 2.6 | 2.50 | Medium | ||
| 12:30 | CPI YoY | 2.6 | 2.6 | 2.60 | Low | ||
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.3 | 0.20 | Low | ||
| 12:30 | New Housing Price Index MoM | -0.2 | 0 | 0.00 | Medium | ||
| 12:30 | Inflation Rate YoY | 2.4 | 2.6 | 2.50 | High | ||