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June 25, 2026 7:12 AM UTC
We expect June’s non-farm payroll to rise by 115k overall and by 125k in the private sector, the former a slowing from 172k in May but the latter marginally stronger than May’s 120k increase. We expect the unemployment rate to remain at 4.3% for a fourth straight month and an in line with trend

June 24, 2026 7:24 PM UTC
Minutes from the Bank of Canada meeting from June 10 do not provide many surprises, but confirm a fairly balanced tone that was evident after the meeting. The balanced tone does not however mean that policy will remain on hold, with high uncertainty meaning that risks could shift and the BoC agree
June 24, 2026 3:34 PM UTC
We expect June existing home sales to increase by 1.9% to 4.25m, which would be a third straight increase and the highest level since December 2025. This would be consistent with signals from May pending home sales, but other housing signals are less positive.
June 24, 2026 2:51 PM UTC
We expect a 125k increase in June’s ADP estimate for private sector employment, which matches our forecast for private sector non-farm payrolls in June. It is also consistent with a 30.75k four week average for the ADP weekly report in the weeks to June 6, the week before monthly data was surveyed
June 24, 2026 2:21 PM UTC
May new home sales with a 7.3% decline to 580k have extended a 5.7% decline in April. Housing indicators are mixed overall but new home sales appear to have broken out of what had been a fairly stable range to the downside.