Canadian Part Time Employment Chg (Jan) -69.7K (Prev. -42K)
The significant drop in Canadian part-time employment, declining by nearly 70K, marks a notable deterioration from the previous month's decrease of 42K.
Stellantis (STLAM IM) CFO says co. is still in negotiations with suppliers over payments related to suspended EV models
US FDA approves label update for Kite's (GILD) Yescarta for relapsed or refractory PCNSL
Canadian Part Time Employment Chg (Jan) -69.7K (Prev. -42K)
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 miss suggests potential weakness in the labor market that could weigh on growth forecasts and influence Bank of Canada policy. Traders should anticipate volatility in CAD as this data may feed into broader discussions around rates and economic health.
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