According to analysts at the National Bank of Canada, the Canadian economy created 15.000 jobs during May. The report will be released next Friday. Key Quotes: “May’s labour force survey will attract the most attention. Hiring intentions remained high among Canadian businesses according to the CFIB, hinting at a rebound in job creation after a weak showing in April. However, the lack of qualified candidates – the unemployment rate stands at a cyclical low of 5.9% – should put a lid on hiring.” “All in all, we expect a +15K print, in line with the long term average for this indicator. That result should allow the unemployment rate to remain unchanged at 5.8%, assuming no major changes to the participation rate.” “Housing starts may have totaled 225K in annualized terms in May, in line with the rise observed in building permit issuance. We’ll also get data on April’s merchandise trade balance. Both energy and non-energy exports may have expanded in the month, boosted by higher prices.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Despite Italy, global outlook remains positive – Wells Fargo FX Street 5 years According to analysts at the National Bank of Canada, the Canadian economy created 15.000 jobs during May. The report will be released next Friday. Key Quotes: "May's labour force survey will attract the most attention. Hiring intentions remained high among Canadian businesses according to the CFIB, hinting at a rebound in job creation after a weak showing in April. However, the lack of qualified candidates - the unemployment rate stands at a cyclical low of 5.9% - should put a lid on hiring." "All in all, we expect a +15K print, in line with the long term average for this… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
