Economic calendar: Canadian labor market data ๐Ÿ“ˆ๐Ÿ”Ž

7:16 AM 8 August 2025

Todayโ€™s macroeconomic calendar is exceptionally light following an exhaustive and eventful week. The only noteworthy release is the Canadian labor market report, though it is not expected to have any significant impact on global financial markets.

Later in the day, Federal Reserve Bank of St. Louis President Alberto Musalem will deliver a speech titled โ€œFinancial Prosperity in the Mississippi Delta: A Conversation on Banking, Credit, and Small Businesses.โ€ It appears unlikely that the Fed official will provide substantial insight into his outlook on monetary policy.

Detailed daily calendar:

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06:30 AM BST,ย Franceย -ย Employment Data:

  • French Unemployment Rate (Q2): actual 7.5%; forecast 7.5%; previous 7.5%;

12:15 PM BST,ย United Kingdomย -ย BoE MPC Member Pill Speaks

01:30 PM BST,ย Canadaย -ย Employment Dataย for July:

  • Unemployment Rate: forecast 7.0%; previous 6.9%;
  • Participation Rate: previous 65.4%;
  • Full Employment Change: previous 13.5K;
  • Part Time Employment Change: previous 69.5K;
  • Avg hourly wages Permanent employee: previous 3.2%;
  • Employment Change: forecast 15.3K; previous 83.1K;

05:20 PM BST,ย United Statesย -ย FED of St. Louis President Alberto Musalem speech

06:00 PM BST,ย United Statesย -ย EIA Data:

  • U.S. Baker Hughes Oil Rig Count: forecast 410; previous 410;

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