Summary of Jan. 4 trading activities Trends of coming week U.S. Job Growth and Wages: The U.S. job market remained resilient with the creation of 216,000 jobs in the previous month, slightly above expectations. Wage growth continued to accelerate, reaching 5.4% month-over-month at a seasonally adjusted and annualized rate. This increase in wages may have […]
The Loonie surged exultantly on the first day of the week, its ascent catalyzed by pervasive feebleness of the U.S. greenback within currency corridors, and more crucially, by augmented crude oil valuations during the trading session – a prime export for Canada’s financial system. WTI and Brent escalated in excess of 5% post the unanticipated […]