- MoM GDP reading from Canada (April) came in 0.2% vs 0.3% exp. and 0.4% previously
Weaker than expected Canadian GDP data pressured the Canadian dollar, and as we can see, USDCAD pair surged after the reading.
At the same time, US BLS commented that US compensation costs for civilian workers increased 4.2% for the 12-month period ending in March 2024 and increased 4.8% in March 2023.
Wages and salaries increased 4.4% for the 12-month period ending in March 2024 vs 5% for the 12-month period ending in March 2023. US employment costs came in 1.1% vs 1% exp. and 0.9% previously.
Source: xStation5
ملخص يومي: مؤشرات الأسهم تتراجع عند الإغلاق، والذهب يختبر مستوى 4300 دولار 💰
عاجل: مخزونات النفط الخام أعلى من التوقعات 📌
مسؤولو بنك الاحتياطي الفيدرالي يفضلون استمرار التيسير النقدي 🔎
عاجل: انخفاض أسعار الغاز الطبيعي بعد بيانات إدارة معلومات الطاقة الأمريكية 📌
