2026-01-02 14:31:00

Canada's manufacturing sector showed marginal improvement in December. The S&P Global Manufacturing PMI came in at 48.6, edging up from the previous reading of 48.4. While the uptick is modest, it signals a slight stabilization in factory activity after recent weakness. PMI readings below 50 indicate contraction, so the Canadian manufacturing sector remains under pressure—a factor worth monitoring as it reflects broader economic headwinds that can influence risk sentiment in crypto and broader markets.

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RektRecovery

· 6h ago

ngl, Canada's manufacturing staying in contraction territory while everyone's pretending it's a recovery... classic setup. below 50 still means things are *breaking*, not fixing. predictable how macro weakness always catches people off guard in crypto lmao

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ImaginaryWhale

· 6h ago

Canadian manufacturing is still struggling, with an PMI of 48.6, unable to recover at all.

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DegenGambler

· 6h ago

Canadian manufacturing is still struggling on the brink of collapse; the figure of 48.6 is meaningless, as it's still contracting.

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GateUser-7b078580

· 6h ago

48.6 is still below 50. Data shows that Canada's manufacturing sector is still in recession, but this kind of "marginal improvement" doesn't really change anything. Let's wait a bit longer; the historic low hasn't been reached yet.

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ContractTester

· 6h ago

Canada's manufacturing sector is still hovering around 48.6. Can this be called a "recovery"? That's laughable. It's still far from 50, essentially still shrinking...

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OptionWhisperer

· 6h ago

Canadian manufacturing remains the same, at 48.6... still a bit short of 50. To put it simply, it's just continued struggling. The impact of this kind of data on the risk appetite in the crypto circle isn't very clear, but it's definitely worth paying attention to.

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