Canada employment grew 54.7k in December, much better than expectation of 24.5k. Full-time employment rose 123k while part-time employment dropped -68k. Total hours worked dropped -0.3%, first decline since June. Unemployment rate dropped from 6.0% to 5.9%, better than expectation of 6.0%. Labor force participation rate held steady at 65.3%. Full release here.
The post Canada employment grew 54.7k in Dec, way above expectation appeared first on Action Forex.
It’s been another week, and UBS analysts are getting bullish on Honda stock amid merger rumors involving Nissan. Meanwhile, Nio is becoming competitive against Tesla, while Baird analysts have expressed doubts about Rivian. Makoto Uchida, Read more…
USDJPY keeps firm tone in holiday-thinned trading on Thursday and pressuring last Friday’s peak at 157.92 (the highest since mid-July). The pair is on track for the fourth consecutive weekly gain and for over 5% Read more…
Forbes analysts predict 2025 will be a pivotal year for Bitcoin, solidifying its position as a global financial asset. Their key forecasts include: → Regulatory Shifts: A change in SEC policies is expected to foster Read more…