Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Unemployment Rate was 6.5% against a forecast of 6.7%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bullish change | -0.1% | 0% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.5% | 1.6% | ||
Consumer Price Index (MoM) | Bearish change | -0.2% | -0.4% | ||
Consumer Price Index (YoY) | Bearish change | 2% | 1.6% | ||
Average Hourly Wages (YoY) | Bearish change | 4.9% | 4.5% | ||
Net Change in Employment | Bullish change | 22.1K | 46.7K | ||
Ivey Purchasing Managers Index | Bullish change | 50.3 | 54.5 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 48.2 | 53.1 |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |