In focus today Today, the key US data release is the January Jobs Report. Due to seasonal adjustments, we expect nonfarm payrolls growth to slow down to +150k (prior: +256k), with average hourly earnings rising by 0.3% m/m SA, and unemployment rate remaining at 4.1%. Additionally, the University of Michigan’s preliminary February consumer sentiment survey […]
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Canada’s labor market significantly outperformed expectations in January, with employment rising by 76.0k, far exceeding 26.5k forecast. The biggest job gains were seen in manufacturing (+33k, +1.8%) and professional, scientific, and technical services (+22k, +1.1%). Read more…
US non-farm payroll job growth fell short of expectations but wage growth exceeding forecasts. Employers added 143k jobs, missing the 169k estimate and coming in below the 2024 monthly average of 166k. However, the downward Read more…
U.S. travelers are not giving up hope that cruises will one day return to a bucket-list travel destination in the Caribbean. For a brief period not so long ago, cruise ships departing the U.S. were Read more…