News

'Worst jobs reading in three years' raises odds of Bank of Canada rate cut next month
Canada’s jobs market turned on its head in July, shedding 41,000 positions after gaining 83,000 in June. Analysts had called ...
How Friday’s surprisingly weak jobs report has shifted market and economist views for future BoC rate cuts
Markets now see about a 38% chance the Bank of Canada will announce a quarter-point rate cut at its next policy meeting on ...
Canadian Mortgage Trends15h
Weak jobs report unlikely to sway Bank of Canada in September, economists say
July’s surprise employment losses point to a softer economy, but economists say the data isn’t enough to shift the central ...
FX daily: Diverging central bank stories
The same day President Trump installed an (interim) dovish ally in the FOMC, the Bank of England struck a more hawkish tone, narrowly voting in favour of another 25bp rate cut. The US calendar is very ...
The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was
But Friday’s jobs number from the BLS—and the downward revisions to previous numbers that accompanied it—“knocked the ...
Job market concerns take center stage as earnings season rolls on: What to watch this week
Concerns over US economic growth have taken center stage despite a solid corporate earnings season from S&P 500 companies.
Stocks rocked by tariffs and weak US jobs data
The FTSE 100 sank on Friday after US President Donald Trump announced tariffs on dozens of trading partners, and weak US jobs ...