NFP +104k, consensus was +8k (previous +10.1k)
Unemployment Rate 5%, consensus 5.2%, previous 5.1%
Full time employment +84.5k after 50.7k in November
A very strong report from Canada meets only a limited reaction on USDCAD. The pair reverses lower from the sub-1.37 resistance zone but doesn’t make a move that looks like it could conclude a 1-month long consolidation. Meanwhile the data, especially a second month of strong full time employment gains could push Bank of Canada onto the path of more tightening.

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher
Three markets to watch next week (06.03.2026)
BREAKING: US100 ticks lower 📊US NFP report much weaker than expected
Market Wrap: Capital Flees Europe 🇪🇺 📉