The Canadian labour market shed 30.6k positions in July. Losses were spread among full-time (-13.1k) and part-time (-17.5k) positions. Public sector employment was responsible for the bulk of the decline as it shed 51k positions. However, private sector employment also dropped (-13.8k). In contrast, self-employment jumped by 34.2k positions. Even with the headline drop in […]
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Australia’s labor market delivered a strong upside surprise in April, with employment rising by 89k, sharply above expectations of 20.9k. Full-time jobs accounted for 59.5k of the gain, while part-time employment rose by 29.5k. Unemployment Read more…
At an event overnight, San Francisco Fed President Mary Daly said Fed is in a “good position” to respond to evolving conditions and uncertainties. She emphasized, “patience is the word of the day,” “We’ve got Read more…
Key Highlights WTI Crude Oil prices started a recovery wave above the $60.00 level. A connecting bullish trend line is forming with support at $61.90 on the 4-hour chart. Gold prices dipped below the $3,300 Read more…