- Hawkish data from the Canadian labour market strengthens the CAD against the US dollar
- Hawkish data from the Canadian labour market strengthens the CAD against the US dollar
Net change in employment in October: 66,600 (forecast: -5,000; previous: 60,400)
- Unemployment rate: 6.9% (forecast 7.1%; previously 7.1%)
- Hourly wage of permanent employees (year-on-year): 4.0% (forecast 3.5%; previously 3.6%)
The increase in employment in October 2025 was mainly in the wholesale and retail trade sector, where 41,000 jobs were added (+1.4%), offsetting the decline of 21,000 in the previous month. Employment also increased in transport and storage (+30,000; +2.8%) and in the information, culture and recreation sector (+25,000; +3.0%), although the number of people employed in these industries remained stable compared to the previous year. At the same time, employment in construction fell by 15,000 (-0.9%) in October, remaining roughly stable compared to the previous year, but 38,000 lower than the peak at the beginning of 2025. Between January and October 2025, employment in industry fell by 54,000 (-1.3%), mainly due to lower employment in construction and manufacturing, while the service sector increased employment by 142,000 (+0.8%). Source: Statcan
US OPEN: Market extends decline at the end of the week
Constellation Energy: Mixed Results for Q3 2025
More Expensive Chips, More Expensive Devices – TSMC is Changing the Rules!
Hensoldt Rises Thanks to Record Backlog and Growth Plans!
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
