News
Important Only
Fed's Kashkari: Most important data today is the 4% unemployment rate
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said that he would move towards supporting further rate cuts if they see good inflation data and the labor market stays strong, as reported by Reuters.Fxstreet
Fri, Feb 7
INSTANT VIEW-Canada's economy adds 76,000 jobs in January
TORONTO, Feb 7 (Reuters) - Canada's economy added 76,000 jobs in January and the jobless rate edged down to 6.6%, Statistics Canada data showed on Friday. Market reaction: CAD/Link: https://www150.statcan.gc.ca/n1/daily-quotidien/250207/dq250207a-eng.htmCOMMENTARYANDREW KELVIN, HEAD O...Reuters
Fri, Feb 7
US job growth through March revised down by 598,000
WASHINGTON, Feb 7 (Reuters) - The U.S. economy created 598,000 fewer jobs in the 12 months through March than previously estimated, the Labor Department's Bureau of Labor Statistics (BLS) said on Friday.The final nonfarm payrolls benchmark revision was less than the 818,000 reduction the BLS est...Reuters
Fri, Feb 7
TREASURIES-US Treasury yields rise after jobs data
NEW YORK, Feb 7 (Reuters) - U.S. Treasury yields rose on Friday after data showed that employers added fewer jobs than expected in January, while wage inflation beat economists' expectations. Employers added 143,000 jobs last month, below economists' expectations for 170,000 job gains. Avera...Reuters
Fri, Feb 7
Europe and Canada boosted defence spending 20% in 2024, NATO says
Adds context including Trump's 5% call from paragraph 7By Andrew Gray BRUSSELS, Feb 7 (Reuters) - Defence spending by NATO's European members and Canada was 20% higher in 2024 than the previous year, NATO Secretary General Mark Rutte said on Friday, ahead of a meeting in which they are l...Reuters
Fri, Feb 7
Traders see Fed cutting rates in June after jobs data
Feb 7 (Reuters) - Traders of short-term interest-rate futures continue to bet the Federal Reserve will next cut its policy rate in June after a government report showed the U.S. unemployment rate was 4% last month.Traders also continue to see a second rate cut by the end of 2025 as more likely than ...Reuters
Fri, Feb 7
Morning News Call - Canada, February 7
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 Average hou...Reuters
Fri, Feb 7
FACTBOX-Brokerages stick to slower pace of Fed rate cut forecasts ahead of payrolls data
Updates throughout; adds Morgan Stanley forecast Feb 7 (Reuters) - Most brokerages continue to expect a slower pace of interest rate cuts from the U.S. Federal Reserve in 2025 ahead of a non-farm payrolls (NFP) report due today amid uncertainty from President Donald Trump's tariff policy. ...Reuters
Fri, Feb 7
