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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessAhead of the Canadian jobs data RBC.....>
CANADA DATA: Ahead of the Canadian jobs data RBC forecast a below consensus
print of +5K for January employment (cons. +10K, prior 64.8K), as the average
GDP growth in H2 2017 was cut in half from H1 and suggests that the recent
employment gains are unlikely to be sustained. The slowdown is expected to be
concentrated in service-producing jobs while we expect the unemployment rate
will hold steady at 5.8% (the December unemployment rate reading matched the
lowest on record in comparable data dating back to 1976). Tighter labour markets
boosted average hourly earnings growth to 2.9%y/y in December and they expect
this trend to continue - although January wages should also get a boost from the
sizeable increase in the minimum wage in Ontario.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.