Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Net Change in Employment yet - check back for updates.
The most recent announced value for Net Change in Employment was -2.2K against a forecast of 25K.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bullish change | 0.1% | 0.5% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.1% | 2% | ||
Consumer Price Index (MoM) | Bullish change | 0.3% | 0.6% | ||
Consumer Price Index (YoY) | Bullish change | 2.8% | 2.9% | ||
BoC Interest Rate Decision | (no change) | 5% | 5% | ||
Ivey Purchasing Managers Index | Bullish change | 56.3 | 63 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 53.9 | 57.5 | ||
Average Hourly Wages (YoY) | Bullish change | 4.9% | 5% | ||
Unemployment Rate | Bearish change | 5.8% | 6.1% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |