Next week’s U.S. employment report is expected to show the labor market remained broadly stable in July. We look for modest payroll growth, an unchanged unemployment rate and wage growth consistent with limited labor-driven inflation pressure. Internationally, Canada’s labor market is expected to show further signs of stabilization, supporting a patient BoC stance. Among emerging […]
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Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights Canadian GDP surprised to the upside in May, leaving Q2 on track for its strongest quarterly performance in two Read more…
Next Friday’s labour market report for July in Canada is the first for Q3, and an important update on whether the gradual improvement seen in recent months is continuing. We expect jobs to increase by Read more…
For five consecutive quarters, Meta Platforms did something that very few companies at its scale manage to pull off. It beat earnings expectations every single time, while simultaneously ramping one of the most aggressive AI Read more…