Morning Bid: Anticipating Payroll Data

Reported about 1 month ago

As the month begins, markets are observing a quiet trend with US and Canadian holidays affecting liquidity ahead of key payroll data expected on Friday. Recent Asian economic indicators showed improvements, particularly in China's Caixin PMI, while Japanese business investment also gained momentum. Market expectations for both the Fed's rate cut and the Bank of Canada's upcoming decision are influenced by these indicators, making this week critical for economic data releases.

Source: YAHOO

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