Tag Archives: Canada Employment Change

[unable to retrieve full-text content]Underlying concerns about US labor market ease after two robust reports. Sept Fed views will not change much. Canada’s data is disappointing, BOC optimism may be challenged.

Summary: Underlying concerns about US labor market ease after two robust reports. Sept Fed views will not change much. Canada’s data is disappointing, BOC optimism may be challenged. United States Nonfarm payrolls The market’s angst over the underlying trend in the US labor market eases with the help of the second consecutive robust report. The 255k rise in non-farm payrolls was well above expectations, and...

Swiss Franc As usual, when U.S. data is good, then the EUR/CHF appreciates. Click to enlarge. FX Rates The focus is squarely on the US employment data today, ahead of which the capital markets are mostly consolidating yesterday’s Bank of England inspired moved. The Australian and New Zealand dollars, alongside sterling, which is up about half a cent after losing two yesterday. The RBA’s monetary policy statement...