Unit Labor costs : -0.2% vs 0.2% exp

  • Prior NF productivity 3.0%
  • Prior Unit Labor cost 0.5%
  • Also out Canadian Labor Productivity for Q3 : -0.6 Vs -0.4% exp, prior was -0.1%, revised to -0.2%

Not great these numbers, USD loses a spread against majors. USDCAD doesn’t move as all eyes are on BOC in 1.5 hours time

 

K-man

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