Jobs data out now

  • -6.4k prev
  • unemployment rate 6.8% as exp/prev
  • full time employment change -17.3k vs +64.8k prev
  • part time change +23.9k vs -71.2k prev
  • participation rate 65.7% vs 65.8% exp/prev

No great surprises here but full to part time swing notable

USDCAD 1.3150 on some USD buying on NFP relief-rally

Also out at the same time Canadian building permits

  • June mm 14.8% vs +5.0% exp vs -13.9% rev up from -14.5%