Forward Guidance will be on vacation next week, Happy Holidays! A quiet Christmas holiday week will have few economic data releases in North America. But the first week of 2023 will kick off with December labour market reports for the U.S. and Canada. Labour shortages are still a bigger issue than a lack of hiring […]
The post Canada and U.S. Labour Market Reports to Kick off the New Year appeared first on Action Forex.
Equities maintain a “risk-on” rally, defying the market disconnect from elevated oil prices and rising interest rate expectations. The US market faces a pivotal week with the final Powell-led CPI report expected on Tuesday, ahead Read more…
Canadian Highlights Canada’s labour market remained soft in April, with employment down and the unemployment rate rising to 6.9%. Canada’s trade balance returned to surplus in March on stronger commodity exports, though net trade is Read more…
The week ahead is relatively quiet for major Canadian data releases, but industry reports will offer important signals about the economy’s momentum heading into spring. Early signs from Statistics Canada’s advance estimates suggest wholesale trade Read more…