Canadian CPI YoY (April): 1.7% (Forecast 1.6%, Previous 2.3%)
- CPI MoM: -0.1% vs -0.2% exp. and 0.3% previously
CPI Trim: 3.1% vs 2.8% exp. and 2.8% previously
CPI Median: 3.2% vs 2.9% exp. and 2.9% previously
๐ Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30
Economic calendar: NFP data and US oil inventory report ๐ก
Silver rallies 3% ๐ A return of bullish momentum in precious metals?
Morning Wrap: Dollar in a trap, all eyes on NFP ๐๏ธ(February 11, 2026)