The Canadian market is likely to open on a cautious note Tuesday morning with investors looking for directional clues. The data on Canadian manufacturing activity in the month of September, and U.S. job openings report could provide some cues.
S&P Global will release a report on Canadian manufacturing activity in the month of September at 9:30 AM ET. The S&P Global Canada Manufacturing PMI rose to 49.5 in August from 47.8 in July, signaling the softest contraction in operating conditions since March, and extending the decline to 16 months.
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