Canada's robust Dec. job report shrinks rate cut bets

S&P 500 turns red for 2025 as hot jobs data sparks recalibration of rate cut bets
Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report led to analysts and traders significantly dialing back their odds of further Federal Reserve rate cuts.
Canada's robust December job report shrinks rate cut bets
Canada's economy added nearly four times the number of jobs forecasted for December and reached its highest number in almost two years, shrinking bets for a rate cut later this month though one is still expected by the majority of economists.
'A lot of resiliency': Canada added 91,000 jobs in December as unemployment rate fell
Canada's labour market capped the year with some good news, adding 91,000 jobs in December, shattering economist expectations, though there are still calls for further interest rate cuts amid the threat of U.
Canada's economy added 91,000 jobs in December, blowing past expectations
Canada’s labour market added a net 90,900 jobs in December, blowing past analyst expectations, while the unemployment rate ticked down to 6.7 per cent, according to Statistics Canada data released on Friday.
Canada gains more jobs than forecast in December, jobless rate takes surprise dip
Canada's economy added nearly four times the number of jobs forecasted for December and the unemployment rate surprisingly ticked down to 6.7%, data showed on Friday, giving the central bank breathing room to determine the pace of further rate cuts.
Canada adds surprise 91,000 jobs in December
The labour market capped 2024 with good news as the economy added more jobs than expected. Statistics Canada reports the unemployment rate decreased 0.1 percentage points to 6.7 per cent, also beating expectations.

US jobs data sparks Wall Street sell-off

Fed’s Goolsbee Says Jobs Data Shows Labor Market Stabilizing
Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is ...
US dollar firms as strong jobs data supports Fed easing pause
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
Stocks Drop After Jobs Report Shows Hot U.S. Labor Market—Here’s Why
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Gold Rises After Strong U.S. Jobs Data
Gold prices gain further in afternoon trade amid uncertainties over the impact of future U.S. policy on the economy and ...
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, ...
U.S. to release December jobs figures amid 'uneasy' status quo in labor market
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect ...
UAE shares mixed ahead of US jobs data
Stock markets in the United Arab Emirates ended Friday on a mixed note, as investors held their breath ahead of crucial US ...