MNI BRIEF: China Steel Market To Remain Subdued In August

MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US JUN CONSTRUCT SPENDING -0.3%

MNI: US ISM JUL MANUF PURCHASING MANAGERS INDEX 46.8

MNI: US JUL FINAL MANUFACTURING PMI 49.6 (FLASH: 49.5); JUN: 51.6

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Jobs Report – 0830ET

CANADA DATA
  • Consensus sees solid jobs growth of 21k, even if that looks weak compared to recent months.
  • However, continued strong labour supply increases, on the back of immigration-led population growth, should counter that with the u/e rate ticking up a tenth to 5.1% (0.2pps off series lows seen in July).
  • With the BoC particularly concerned about excess demand persistence, it’s this labour market balance that is worth watching closely.
  • Focus will also be on hourly wage growth with consensus for 5.1% Y/Y from 5.2 after coming in much stronger than expected back in April. It lands on the heels of Wednesday’s ULC report for Q1, which showed an acceleration in Q/Q seasonally adjusted terms to 1.3% non-annualized, exacerbated by declining productivity.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.