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Canada job creation pauses after hiring surge, unemployment rate rises
By David LjunggrenOTTAWA, Jan 9 (Reuters) - Canada created just 8,200 net new jobs in December after three months of outsize gains and the unemployment rate rose to 6.8% from 6.5% as more people searched for work, Statistics Canada said on Friday.Analysts polled by Reuters had expected a net loss of...Reuters
Fri, Jan 9
Gold and Silver tumble before partial recovery – Commerzbank
Gold and Silver prices fell sharply yesterday, with Gold dipping near $4,400 per ounce and Silver briefly below $74, before recovering somewhat, highlighting heightened short-term market uncertainty, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Jan 9
INSTANT VIEW-US job growth slows in December, backs Fed rate-cut pause this month
NEW YORK, Jan 9 (Reuters) - U.S. job growth slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rat...Reuters
Fri, Jan 9
INSTANT VIEW-US job growth slows in December, backs Fed rate pause this month
NEW YORK, Jan 9 (Reuters) - U.S. job growth slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rat...Reuters
Fri, Jan 9
CORRECTED-Traders boost bets on Fed rate-cut pause after jobs data
Jan 9 (Reuters) - Short-term interest rate futures dropped Friday after the U.S. Labor Department reported the December unemployment rate fell to 4.4%, prompting traders to boost bets that the Federal Reserve will leave short-term borrowing costs on hold for longer. After the report, rate futures re...Reuters
Fri, Jan 9
US single-family housing starts rebound in October, building permits dip
WASHINGTON, Jan 9 (Reuters) - U.S. single-family homebuilding rebounded in October, but permits for future construction eased, signaling caution among builders as new housing inventory remains high and demand soft.Single-family housing starts, which account for the bulk of homebuilding, increased 5....Reuters
Fri, Jan 9
TREASURIES-US yields mixed after December jobs data
Short-dated U.S. Treasury yields rose and benchmark 10-year yields briefly reached the highest level since September 4, before dropping after data on Friday showed that jobs data for December was mixed. Employers added 50,000 jobs during the month. Economists polled by Reuters had expected 60,000 ne...Reuters
Fri, Jan 9
USD/CNH stays below 7.0000 – BBH
USD/CNH remains under 7.0000 as China’s December inflation data showed headline CPI rising to 0.8% y/y, the highest since February 2023, while core CPI stayed at 1.2% for a third consecutive month, and PPI printed -1.9%, indicating ongoing deflationary pressure, BBH FX analysts report.
Fxstreet
Fri, Jan 9
BREAKINGVIEWS-Iran crisis gives oil an even starker swing factor
By Afiq Fitri Alias LONDON, Jan 9 (Reuters Breakingviews) - Oil investors are having quite a week. Saturday’s capture of Venezuelan leader Nicolas Maduro by United States forces has prompted speculation about whether the Latin American state can revive its battered crude production. Yet protests ...Reuters
Fri, Jan 9
