01:30 PM BST, Canada - Employment Data for April:
- Unemployment Rate: actual 6.1%; forecast 6.2%; previous 6.1%;
- Participation Rate: actual 65.4%; previous 65.3%;
- Employment Change: actual 90.4K; forecast 20.9K; previous -2.2K;
- Avg hourly wages Permanent employee: actual 4.8%; previous 5.0%;
The hawkish data increasing the chances that the BoC will have to take a more conservative stance on interest rate cuts. The Canadian dollar gained sharply against the USD after the macro data reading.

RBNZ raises interest rates again, yet NZD falls after the decision ⚔️
Economic calendar: central bank decisions and US ADP report in focus 🔎
Morning wrap (02.09.2026)
BREAKING: Eurozone Inflation Comes In Below Forecasts, Unemployment Rises. EURUSD reacts