Canadian Average Hourly Wages YoY (Jan) Y/Y 3.3% (Prev. 3.7%)
The softer growth in Canadian average hourly wages, declining from 3.7% to 3.3%, suggests a potential easing in wage pressures, which could indicate slowing inflation dynamics.
Stellantis (STLAM IM) CFO says co. is still in negotiations with suppliers over payments related to suspended EV models
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Canadian Average Hourly Wages YoY (Jan) Y/Y 3.3% (Prev. 3.7%)
Stellantis (STLAM IM/ STLAP FP) CFO says that they are not contemplating any equity raise
ECB's Makhlouf says headline inflation figures and ECB projections do not suggest monetary policy is too tight, uncertainty about the 2026 path for wages
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This might influence the Bank of Canada's policy considerations, as a softer wage growth could weaken the case for aggressive rate hikes, impacting the CAD in the forex markets. Traders should watch for how this data might affect cross-asset sentiment and broader inflation expectations.
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