Canadian Participation Rate (Dec) 65.4% vs. Exp. 65.3% (Prev. 65.1%)
Newsquawk Staff ·
Canadian Participation Rate (Dec) 65.4% vs. Exp. 65.3% (Prev. 65.1%)
What it means
The Canadian participation rate coming in slightly above expectations reinforces a positive labor market narrative. With an increase from the previous month, this could suggest robust employment dynamics, which may influence expectations regarding monetary policy and the CAD's strength moving forward.
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await
- BoC Governor Macklem reiterates that there could be a need to raise the policy rate further;
- Newsquawk Daily US Equity Opening News - CRWV upgraded at GS; AAPL reports strong foldable demand
- BoC Core Measures, Average (Sep.): 2.0 (prev. 2.2%)
Related headlines
- Newsquawk Daily US Opening News - 3rd November 20265 days ago
- Newsquawk Daily European Opening News - 3rd November 20265 days ago
- US Market Wrap: Tech weakness offsets US/Iran diplomacy hopes but crude slumps ahead of midterms5 days ago
- US FX WRAP: Dollar sees slight pressure as Swissy outperforms and Aussie lags ahead of RBA6 days ago
- Newsquawk Daily Economic Releases - 3rd November 20266 days ago
- Notable FX Option Expiries for todays NY cut: 3rd November 20266 days ago
- Newsquawk Weekly Economic Calendar - 2nd-6th November 2026Oct 30
- BoC Governor Macklem says US deficit spending is a question of political will, adds inflation forecast is based on pass-through of fuel costs, and estimate of neutral rate of interest may rise, while he will have more to say on his future in due courseOct 28
- US FX WRAP: Dollar weighs as Fed Chair Warsh abstains from hawkish surpriseOct 28
- BoC Deputy Governor Rogers says uncertainty over the economy is hanging over the Canadian housing marketOct 28
- BoC Governor Macklem says Canada is seeing increased investment in the energy sector; policy rate remains low enough not to restrain economic growth, even after the latest hikeOct 28
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earningsOct 28
- BoC MPR: Raises 2026 GDP forecast to 1.0% from 0.7%, 2027 and 2028 GDP raised to 2.0% from 1.8% Oct 28
- Canadian BoC Interest Rate Decision 2.5% vs. Exp. 2.5% (Prev. 2.25%)Oct 28
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the FedOct 28