Canada's Labour Market Gains in September - Action Forex
The Bank of Canada has been looking for evidence that past rate hikes are starting to bite. Today's employment report muddies the outlook. Financial markets are cementing pricing for another 25bps rate hike in the coming months, causing the Canada 2-year yield to surge over 15bps this morning.
The Bank of Canada has been looking for evidence that past rate hikes are starting to bite. Today's employment report muddies the outlook. Financial markets are cementing pricing for another 25bps rate hike in the coming months, causing the Canada 2-year yield to surge over 15bps this morning.
