2:39 PM · 10 January 2025

BREAKING: CAD appreciates after Canadian labour market data 📌

01:30 PM GMT, Canada - Employment Data for December:

Avg hourly wages Permanent employee: actual 3.7%; previous 3.9%;
Employment Change: actual 90.9K; forecast 24.9K; previous 50.5K;
Full Employment Change: actual 57.5K; previous 54.2K;
Part Time Employment Change: actual 33.5K; previous -3.6K;
Participation Rate: actual 65.1%; previous 65.1%;
Unemployment Rate: actual 6.7%; forecast 6.9%; previous 6.8%;

After data publication, Canadian swaps market sees a 53% chance of BoC rate cut in January down from 71% before the jobs data.

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