Canada October employment change +14.5K vs +25.0K anticipated
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- Prior month +46.7K
- Unemployment fee 6.5percentvs 6.6% anticipated (prior 6.5%)
- Full-time employment ___ vs +112.0K prior
- Half-time employment ___ vs -65.3K prior
- Participation fee ___ vs 64.9% prior
- Common hourly wages y/y ___ vs four.5% prior
- Non-public sector employment ___ vs +61Ok prior
- Public sector employment ___ vs -24Ok prior
Forward of the info, the market is pricing in a 60% probability of 50 bps from the Financial institution of Canada and a 40% probability of a 25 bps reduce. USD/CAD was buying and selling at 1.3909.
This text was written by Adam Button at www.ubaidahsan.com.
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