Express
Canadian July Employment Data Below Expectations, Likelihood of September Rate Cut by Central Bank Increases
Summary: According to reports, Canada's employment numbers for July decreased by 40,800, below the expected 13,500 and the previous value of 83,100. Following the data release, the Canadian futures market indicates a 38% chance of a rate cut by the Bank of Canada in September, up from 33% before the employment data was announced.
According to reports, Canada's employment numbers for July decreased by 40,800, below the expected 13,500 and the previous value of 83,100. Following the data release, the Canadian futures market indicates a 38% chance of a rate cut by the Bank of Canada in September, up from 33% before the employment data was announced.
Last Update:
Tags:
Link: Canadian July Employment Data Below Expectations, Likelihood of September Rate Cut by Central Bank Increases [Copy]
Tags:
Link: Canadian July Employment Data Below Expectations, Likelihood of September Rate Cut by Central Bank Increases [Copy]
