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Fundamental

Canada Unemployment Falls to 7.4%

Canada Unemployment  Falls to 7.4%

Change in Employment – Survey: 15.0K   Actual: -2.8K   Prior: 2.3K

  • Unemployment Rate – Survey: 7.6%   Actual: 7.4%   Prior: 7.6%

Some economic data out of China

Fixed asset investment ytd/y 21.5% vs. 19.8% expected

Industrial production y/y 11.4% vs. 12.4% expected

Retail sales y/y 14.7% vs. 17.4% expected

Canada Housing Starts Improve to 201.1K

Canada Housing Starts Improve

Canada Housing Starts:   Survey: 200.0K   Actual: 201.1K  Prior: 197.9K  

USD/CAD stays flat on the news.

 

ADP Employment Stays According to Forecast

ADP Employment Stays According to Forecast

Employment in the US has risen to 216K from a prior number of 170K and a survey of 215K. Revision was stronger coming in at 173K

Feb 2012 vs. Jan 2012
ADP Employment: 110,249 vs 110,033
Level Change: 216 vs 173 
Prev Change: n/a vs 170

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