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May 08, 2026
May 07, 2026
FX Daily Strategy: Asia, May 8th
May 7, 2026 9:00 PM UTC
US and Canadian employment data offer some USD upside risks
Focus remains on US/Iran negotiations with some good news already priced in
Japanese wage data could support BoJ rate hike expectations
GBP vulnerable to political fallout from local elections
FX Daily Strategy: APAC, May 8th
May 7, 2026 2:48 PM UTC
US and Canadian employment data offer some USD upside risks
Focus remains on US/Iran negotiations with some good news already priced in
Japanese wage data could support BoJ rate hike expectations
GBP vulnerable to political fallout from local elections
Preview: Due May 8 - Canada April Employment - A modest gain with stable unemployment
May 7, 2026 1:20 PM UTC
We expect Canadian employment to increase by 10k in March, a second straight modest rise to follow a gain of 14.1k in March, still not close to erasing the steep loss of 83.9k in February which extended a substantial 24.8k decline in January. We expect a 6.7% unemployment rate for a third straight m
U.S. Initial Claims still very low, Q1 Productivity and Costs report shows strength in non-labor costs
May 7, 2026 1:05 PM UTC
Initial claims at 200k are up from last week’s exceptionally low 190k but still consistent with layoffs running at veery low levels. Q1 non-farm productivity at 0.8% is marginally below consensus and unit labor costs at 2.3% more significantly so but non-labor costs saw a strong 8.0% increase whic