Canadian Average Hourly Wages YoY (Mar) Y/Y 5.1% (Prev. 4.2%)
The Canadian average hourly wage growth has accelerated to 5.1% year-over-year in March, up from 4.2% previously.
US CPI Core Goods & Services (m/m SA, y/y NSA) + Supercore (March 2026):
German Current Account (Feb) 22B (Prev. 17.1B)
Canadian Average Hourly Wages YoY (Mar) Y/Y 5.1% (Prev. 4.2%)
US VP Vance says he believes negotiations with Iran will be positive, CBS reports; President Trump has given them some "pretty clear" guidelines.
A severe disagreement has emerged among senior government officials in Iran regarding the composition and powers of the negotiating delegation for US-Iran talks, Iran International reports
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This stronger-than-expected wage growth could signal mounting inflationary pressures, potentially influencing the Bank of Canada’s policy decisions and expectations surrounding interest rates. Traders should monitor this data in conjunction with other economic indicators as it may impact CAD and broader market sentiment.
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