Wednesday, May 6, 2009

Barclays Capital: index of business activity Ivey PMI can draw a greater attention to

The index of business activity in Canada, Ivey PMI for April will be published at 18:00 AM EDT. According to the average projected figure will be released at the level of 42.0 compared to 43.2 for March. According to analysts Barclays Capital, if the index stays the same it will be a very good sign, but if an increase would be even better. The bank believes that, despite the fact that this figure refers to a number of minor, the market would bring him more attention than before.

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