01:30 PM BST, Canada - Employment Data for April:
- Unemployment Rate: actual 6.1%; forecast 6.2%; previous 6.1%;
- Participation Rate: actual 65.4%; previous 65.3%;
- Employment Change: actual 90.4K; forecast 20.9K; previous -2.2K;
- Avg hourly wages Permanent employee: actual 4.8%; previous 5.0%;
The hawkish data increasing the chances that the BoC will have to take a more conservative stance on interest rate cuts. The Canadian dollar gained sharply against the USD after the macro data reading.
āļāļāļīāļāļīāļāđāļĻāļĢāļĐāļāļāļīāļ: āļĢāļēāļĒāļāļēāļāļāļąāļāļāļĩ ISM āļ āļēāļāļāļēāļĢāļāļĨāļīāļāļāļāļāļŠāļŦāļĢāļąāļāļŊ ð
āļŠāļĢāļļāļāļāđāļēāļ§āđāļāđāļē
BREAKING: āļāļąāļāļāļĩ PMI āļ āļēāļāļāļēāļĢāļāļĨāļīāļāļāļāļāļŠāļŦāļĢāļēāļāļāļēāļāļēāļāļąāļāļĢāļāđāļģāļāļ§āđāļēāļāļēāļ ð
BREAKING: āļāļąāļāļāļĩ PMI āļ āļēāļāļāļēāļĢāļāļĨāļīāļāļĒāļđāđāļĢāđāļāļāļāđāļģāļāļ§āđāļēāļāļēāļ ðŠðš ð
