1:32 PM · 7 February 2025

BREAKING: Lower than expected unemployment rate in Canada

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

Employment Change: actual 76.0K; forecast 25.5K; previous 179.1K;
Full Employment Change: actual 35.2K; previous 171.8K;
Part Time Employment Change: actual 40.9K; previous 7.1K;
Participation Rate: actual 65.5%; previous 0.3%;
Unemployment Rate: actual 6.6%; forecast 6.8%; previous 6.7%;
Avg hourly wages Permanent employee: actual 3.7%; previous 3.8%;

USDCAD dips after the data.

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Daily summary: Weak US data drags markets down, precious metals under pressure again!

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BREAKING: US RETAIL SALES BELOW EXPECTATIONS

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