Qutoes from RBC Capital MarketsCAD: We are looking for an 18K net gain in employment for Feb (following +35.4K in Jan). We expect the unemployment rate unchanged at 6.6%. Within the breakdown of the headline employment p…
We are looking for an 18K net gain in employment for Feb (following +35.4K in Jan). We expect the unemployment rate unchanged at 6.6%.
Within the breakdown of the headline employment print, we will be watching for three potential wildcards: 1) any pullback in natural resource sector employment following an extended bout of oil price weakness; 2) any headcount reductions in retail trade given some high-profile closures in this sector of late; and 3) some weather-related softness, which would likely appear in sectors such as construction.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
