Canadian Unemployment Rate (Dec) 6.8% vs. Exp. 6.6% (Prev. 6.5%)
The Canadian unemployment rate came in at 6.8%, slightly above expectations of 6.6% and up from the prior 6.5%.
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Mantoverde's union says miners at Chile's mine have rejected the latest wage offer
Canadian Unemployment Rate (Dec) 6.8% vs. Exp. 6.6% (Prev. 6.5%)
US Interior Secretary says Venezuela will help lower gasoline prices in the US
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This could signal a weakening labor market, potentially complicating the Bank of Canada's monetary policy as they balance growth and inflation. Investors will likely scrutinize any subsequent shifts in CAD and interest rates amid these developments.
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