Canadian Unemployment Rate (Mar) 6.7% vs. Exp. 6.8% (Prev. 6.7%)

The Canadian unemployment rate came in at 6.7%, slightly better than the expected 6.8% and unchanged from the previous month's rate.

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US CPI Core Goods & Services (m/m SA, y/y NSA) + Supercore (March 2026):

German Current Account (Feb) 22B (Prev. 17.1B)

Canadian Unemployment Rate (Mar) 6.7% vs. Exp. 6.8% (Prev. 6.7%)

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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Context

This minor beat might reinforce the current labor market strength, supporting a stable outlook for policy. Traders should consider how this data point fits into broader economic trends and its implications for interest rates and growth in Canada.

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