April employment in Canada fell by 17.7K, missing forecasts and pushing the unemployment rate to 6.9%, pressuring the CAD. USD/CAD climbed to 1.3694 on Friday after Canadian employment data undershot expectations. The economy shed 17.7K jobs in April, defying forecasts for
Polestar recorded a wider first quarter loss in 2026, with tariffs, pricing pressure and currency movements dragging margins into negative territory despite the electric vehicle maker achieving record retail volumes. The EV manufacturer posted a net loss of $383m for the t
Xeriant introduced NexPatch™ as a companion product for NEXBOARD™, aiming to extend fire protection performance across wall joints, seams, and repairs. Key Investor Takeaways - Xeriant, Inc. (USOTC:XERI) launched NexPatch™, a proprietary fire-resistant joint compound desig
USD reaction modest despite strong US payrolls The US Dollar had a modest reaction to stronger than expected payrolls, as markets focus on inflation. The Federal Reserve's path for the year is now tied to the energy shock's pass-through to core prices. Choppy USD
The retailer’s pre-tax profit fell 7.7% to £852m despite strong sales growth driven by acquisitions and apparel demand. JD Sports reported a 10.5% increase in revenue to £12.66bn for the fiscal year ended 31 January 2026, supported by acquisitions and regional growth outsi
Job losses in Canada total 112,000 in 2026, with flat hours worked and rising unemployment signaling labor market weakness. Canada lost 18,000 jobs in April, extending a downturn that has erased 112,000 positions in 2026. The unemployment rate climbed to 6.9%, its highest
Royal Bank of Canada (RBC) economist Claire Fan notes that Canada lost 18,000 jobs in April, bringing total job losses in 2026 to 112,000, while the unemployment rate rose to 6.9%. Hours worked were flat and participation increased Rising unemployment is attributed
GBP/USD advances around 1.3630 on Friday at the time of writing, up 0.54% on the day, benefiting from broad US Dollar weakness following the release of the US employment report. The Bureau of Labor Statistics (BLS) reported that Nonfarm Payrolls (NFP) increased by 115K in
American consumer confidence is expected to have deflated in early May, as households have been growing more pessimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan. The closely watched Consumer S
EUR/USD climbs 0.44% to 1.1777 as mixed US jobs data and geopolitical optimism weigh on the dollar. The Euro gained ground against the US Dollar on Friday, trading at 1.1777, a 0.44% increase. The move follows mixed US labor market data, which has pressured the Greenback.<