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US CPI and Macklem In Focus

CANADA
  • Beyond the potentially large spillovers from US CPI & Fedspeak today, BoC Gov Macklem speaks on the evolution of Canadian labour markets.
  • Remarks published 1155ET and media Q&A at 1330ET, but with the bond market closing 1300 ahead of Remembrance Day.
  • The labour market remarks follow a surprisingly strong October report, with jobs +108k vs 10k expected and the u/e rate holding at 5.2% vs 5.3% expected.
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  • Beyond the potentially large spillovers from US CPI & Fedspeak today, BoC Gov Macklem speaks on the evolution of Canadian labour markets.
  • Remarks published 1155ET and media Q&A at 1330ET, but with the bond market closing 1300 ahead of Remembrance Day.
  • The labour market remarks follow a surprisingly strong October report, with jobs +108k vs 10k expected and the u/e rate holding at 5.2% vs 5.3% expected.