7:40 AM · 9 April 2021

Economic calendar: Canadian jobs data and WASDE report

USD/CAD
Forex
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  • European stock markets expected to open flat

  • Canadian labour market data at 1:30 pm BST

  • WASDE report may provide volatility on grains market

European stock markets are expected to open little changed on Friday following an upbeat Wall Street session and a downbeat Asian session. US yields pulled back yesterday but are pushing back higher slightly today.

When it comes to reports scheduled for release today, there are no major data releases today that tend to move equity markets. However, Canadian labour market report at 1:30 pm BST is likely to boost volatility on the CAD market while the WASDE report release at 5:00 pm BST can trigger moves on grains markets.

8:00 am BST - Spain, industrial production for February. Expected: -1.3% YoY. Previous: -2.2% YoY

9:00 am BST - Italy, retail sales for February. Expected: +2% MoM. Previous: -3% MoM

1:30 pm BST - US, PPI inflation for March.

  • Headline. Expected: 3.8% YoY. Previous: 2.8% YoY

  • Core. Expected: 2.7% YoY. Previous: 2.5% YoY

1:30 pm BST - Canada, labour market report for March.

  • Employment change. Expected: +99k. Previous: +259.2k

  • Unemployment rate. Expected: 8%. Previous: 8.2%

5:00 pm BST - WASDE report

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