Non Farm Payrolls was worse than expected. However, if the pace of the job market will stay as it is, we can expect a zero or a positive number next month.
Daily Trends & Charts
Watch the Fundamentals!
Friday – Canadian Employment Change: -2.6K vs. 20.2K exp.
Canadian Unemployment Rate: 8.5% as exp.
US Non-Farm Employment Change: -85K vs. -3K exp.
US Unemployment Rate: 10.0% vs. 10.1% exp.
TODAY– Swiss Retail Sales: 0.6% vs. 1.9% exp.
Canadian Housing Starts at 13:15 GMT.
Canadian Building Permits at 13:30 GMT.
New Zealand’s Business Confidence at 21:00 GMT.
Tomorrow– Australian Home Loans at 00:30 GMT.
Canadian Trade Balance at 13:30 GMT.
US Trade Balance at 13:30 GMT.
Good Day!!!
“Trends for today” is presented by Danny Spivak
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