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Canada jobs report points to uneven labor market recovery – RBC Economics
Rather than signaling a setback, December's modest employment gain and rising unemployment rate reinforce our view that Canada's labor market recovery is underway but will likely prove choppy, with slack absorbed only gradually over time, Royal Bank of Canada Senior Economist Claire Fan reports.
Fxstreet
Fri, Jan 9
US UoM Consumer Sentiment Index rises to 54 in January vs. 53.5 expected
Consumer confidence in the US improved slightly to start the year, with the University of Michigan's Consumer Sentiment Index rising to 54 in January's preliminary reading, from 52.9 in December. This print came in slightly better than the market expectation of 53.5.Fxstreet
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
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