Canadian Average Weekly Earnings YoY (Feb) Y/Y 3.4% (Prev. 2.0%)
The Canadian Average Weekly Earnings year-over-year rose to 3.4% in February, a notable increase from the previous 2.0%.
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
Canadian Average Weekly Earnings YoY (Feb) Y/Y 3.4% (Prev. 2.0%)
ING says "edging towards a BoE hike in June", following BoE meeting (prev. saw no tightening in 2026)
Meta Platforms (META) seeks to raise as much as USD 25bln from its six-part debt sale
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This substantial uptick suggests stronger wage growth, reflecting tighter labor market conditions, which could have implications for inflation and potential monetary policy adjustments from the Bank of Canada. Traders will likely assess how this data influences expectations for interest rates and the overall growth outlook in Canada.
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