Block Journal
No Result
View All Result
  • Login
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianopt Portuguêsru Русскийes Españolth ไทยzh-CN 简体中文hi हिन्दीja 日本語
  • Home
  • News
  • Crypto
  • Markets
  • Investing
  • Glossary
  • Videos
  • Charts
    • Crypto
    • Forex
    • Stocks
    • Commodities
  • Magazine
Magazine
Newsletter
  • Trending Now
  • Bitcoin
  • Altcoin
  • Ethereum
  • Analysis
  • Blockchain
  • Metaverse
  • NFT
  • DeFi
  • Web3
  • GameFi
  • ICO
  • Legal
  • Security
Block Journal
  • Home
  • News
  • Crypto
  • Markets
  • Investing
  • Glossary
  • Videos
  • Charts
    • Crypto
    • Forex
    • Stocks
    • Commodities
  • Magazine
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianopt Portuguêsru Русскийes Españolth ไทยzh-CN 简体中文hi हिन्दीja 日本語
No Result
View All Result
Block Journal
No Result
View All Result
  • News
  • Crypto
  • Markets
  • Investing
  • Videos
  • Charts
Home Markets Forex

Canada: Job numbers offer plenty of reason for the BoC to leave the door open to future rate hikes – CIBC

News Room by News Room
March 11, 2023
in Forex
Reading Time: 1 min read
0 0
A A
0

Analysts at CIBC point out that the February Canadian employment report wasn’t as dramatic as January’s surge, but a slightly above consensus employment gain is another sign that the Canadian economy has more momentum to start 2023 than had initially been expected.

Less drama, still solid momentum

“Although employment growth wasn’t as dramatic this month as it has been in the recent past, the underlying trend remains stronger than what would normally be justified by the pace of GDP. Because of that, we still expect to see some softer employment figures and a gradual rise in the unemployment rate throughout the balance of this year, particularly as economic activity slows further with the lagged impact of past interest rate hikes.”

“For now the still historically low unemployment rate and strong wage growth will keep the Bank of Canada leaning towards future rate hikes, although we still don’t think the data will be strong enough for policymakers to actually move again.”

Read the full article here

ShareTweetSharePinShareShareSend

Related News

Gold Price Forecast: XAU/USD continues to juggle above $1,900 despite US Inflation softens
Forex

Gold Price Forecast: XAU/USD to be kept in check by the possibility of another Fed rate hike – Commerzbank

June 2, 2023
USD/JPY retakes 136.00 as hawkish remarks by Fed’s Mester help revive USD demand
Forex

USD/JPY could drop to 130 again with YCC adjustment – SocGen

June 2, 2023
Forex Today: Dollar rises timidly on cautious markets
Forex

US Dollar recovers modestly following US May jobs report

June 2, 2023
USD/JPY Price Analysis: Bulls eye another battle with 50-DMA hurdle surrounding 133.00
Forex

USD/JPY: Yen can become a significant outperformer during the global easing phase – Wells Fargo

June 2, 2023
EUR/JPY Price Analysis: Further upside targets 148.00 and above
Forex

EUR/JPY Price Analysis: Extra gains in store near term

June 2, 2023
Forex Today: Dollar rebounds despite US data, Yen gains amid lower yields
Forex

USD Index to head lower toward the 103.20 unless the May NFP surprises on the upside – ING

June 2, 2023
EUR/USD: Bulls would probably welcome the pair ending the week around 1.0850/1.0900 – ING
Forex

EUR/USD: ECB monetary policy is not going to provide any further upside potential for the Euro – Commerzbank

June 2, 2023
US Dollar struggles to find demand ahead of next round of debt limit talks
Forex

Dollar may quickly recover yesterday’s losses on a strong labor market report – Commerzbank

June 2, 2023
GBP/USD Price Analysis: Further downside hinges on 1.2135 break and UK Budget
Forex

GBP/USD Price Analysis: Further upside hinges on 1.2550 breakout and US NFP

June 2, 2023

Discussion about this post

Latest News

Activision threatened, spied on workers amid union drive, U.S. agency says

Digital doubles, fake trailers: AI worries Hollywood actors before labor talks

June 2, 2023
Uniswap leads way as largest cryptocurrencies drop

Most big cryptocurrencies climb on Cardano, Solana increases

June 2, 2023
Stocks to Watch: Aehr Test Systems, Roku, Cingulate

Hurricane Energy to Pay GBP37.2 Mln in Special Dividend

June 2, 2023
Bitcoin battles downtrend; Can it retest key channel and retake $28,000?

Bitcoin battles downtrend; Can it retest key channel and retake $28,000?

June 2, 2023
Cosmos Boards the DeFi Train with Native USDC Support

Cosmos Boards the DeFi Train with Native USDC Support

June 2, 2023
ADVERTISEMENT

Popular

  • Dow futures rise on debt deal optimism

    Dow futures rise on debt deal optimism

    0 shares
    Share 0 Tweet 0
  • Blockchain Essential for Democratizing AI, Says SingularityNET COO 

    0 shares
    Share 0 Tweet 0
  • PBOC sets USD/CNY reference rate at 7.0575 vs. 7.0760 previous

    0 shares
    Share 0 Tweet 0
  • A stagflationary environment in the US and the Eurozone – Natixis

    0 shares
    Share 0 Tweet 0
  • Tabi’s BNB NFT Marketplace Secures $10M in Angel Funding

    0 shares
    Share 0 Tweet 0
Block Journal

Block Journal is the world’s leading source in blockchain news and updates. Follow us to stay up-to-date with all you need to know in web3.

LEARN MORE »

Recent Posts

  • Digital doubles, fake trailers: AI worries Hollywood actors before labor talks
  • Most big cryptocurrencies climb on Cardano, Solana increases
  • Hurricane Energy to Pay GBP37.2 Mln in Special Dividend

Trending Topics

Altcoin Analysis Bitcoin Blockchain Commodities Crypto DeFi Ethereum Forex Futures GameFi ICO Investing Legal Markets Metaverse News NFT Security Stocks Uncategorized Videos Web3

Get Informed

The most important crypto and finance news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

  • About
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Copyright © 2023 Block Journal - Created by Sawah Solutions.

No Result
View All Result
  • Home
  • News
  • Crypto
  • Markets
  • Investing
  • Glossary
  • Videos
  • Charts
    • Crypto
    • Forex
    • Stocks
    • Commodities
  • Magazine

Copyright © 2023 Block Journal - Created by Sawah Solutions.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.