UK Prime Minister was placed in the intensive care. As a result, the British pound plummeted dramatically today.
Canadian dollar is awaiting the jobs data
Information is not investment advice
Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time. The employment change represents the change in the number of employed people during the previous month. Last time, this indicator showed a great increase by 81.1 thousand jobs. The unemployment change, which is the percentage of the total unemployed workforce, stood at the same level of 5.7%. That scenario resulted in the rise of the Canadian currency. If this time the situation repeats itself, bulls of the CAD will be excited again.
• If the employment change is higher and the unemployment rate is lower than the forecasts, the CAD will go up;
• If the employment change is lower and the unemployment rate is higher than the forecasts, the CAD will go down.
The US Non-farm payrolls, also known as NFP, will be published on April 3, at 15:30 MT time.
The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
A $590bln rescue package is prepared by the EU finance ministers - will it come to action?
OPEC+ talked for more than eight hours on Thursday. Oil price plunged at the end. Why?
US Fed comes right on time with the crisis support program announcement. How does the stock market react?