Canada: ADP Employment Change rises to +351.3K in April
Private sector employment in Canada increased at a robust pace in April. USD/CAD trades in
Canada: There could be persistence in price pressures rather than a transitory effect – NFB
Data released on Wednesday, showed higher-than-expected inflation reading in Canada for the month of April.
Canada: Annual CPI jumps to 3.4% in April vs. 3.2% expected
CPI in Canada rose at a stronger pace than expected in April. USD/CAD posts modest
USD/CAD trades with modest gains around 1.2075-80 region, lacks follow-through
USD/CAD edged higher on Wednesday, albeit lacked any strong follow-through. Sliding US bond yields undermined
Canada: Inflation to surpass the upper limit of the Bank of Canada’s range for most of the rest of the year – CE
Analysts at Capital Economics now expect inflation to surpass the upper limit of the Bank
Canada: Unemployment Rate rises to 8.1% in April vs. 7.8% expected
Unemployment Rate in Canada climbed above 8% in April. USD/CAD clings to modest daily gains
Canada: Recent soft patch in the labour market should turn out to be transient – NFB
Employment reports in Canada and in the US came in worst than expectations. According to
USD/CAD to see a temporary squezee higher if Canadian jobs disappoint – TDS
Economists at TD Securities look for the Canadian labour market to give back much of
Canadian Employment Preview: Forecasts from six major banks for April jobs report
Canada publishes its labor figures on Friday at 14:30 GMT, and the economic calendar is
Canada: Retail Sales surge by 4.8% in February vs. 4% expected
Retail Sales in Canada expanded at a stronger pace than expected in February. USD/CAD stays