The typical/expected impact on CAD pairs is medium.
The most recent announced value for Average Hourly Wages (YoY) was 4.9%.
Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Wages (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bearish change | 55.3 | 50.3 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 57.6 | 48.2 | ||
Net Change in Employment | Bullish change | -2.8K | 22.1K | ||
Unemployment Rate | Bearish change | 6.4% | 6.6% | ||
BoC Interest Rate Decision | Bearish change | 4.5% | 4.25% | ||
S&P Global Manufacturing PMI | Bullish change | 47.8 | 49.5 | ||
Gross Domestic Product (MoM) | Bearish change | 0.2% | 0% | ||
Gross Domestic Product (QoQ) | Bullish change | 0.4% | 0.5% | ||
Gross Domestic Product Annualized | Bullish change | 1.8% | 2.1% | ||
Current Account | Bearish change | -5.37B | -8.48B |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |