Canada: Focus on employment data - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for the Canadian job growth to pick up to 25k in November (market: 10k), led by further strength in services.

Key Quotes

“This should help the unemployment rate push lower to 5.7% although a deceleration in wage growth to 1.8% y/y will take away from the upbeat tone of the headline print (market: 5.8%, 1.8%).”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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