Forex | Forex | Canadian Economy Loses 45k Jobs in July (07/08/2009 14:31:04)

Canadian Economy Loses 45k Jobs in July

The following is a summary of the main economic events from the Asia-Pacific and European sessions: Canadian economy shed 45k jobs in July, much worse than expected loss of 17.5k and previous fall of 7.4k; unemployment rate, however, remains at 8.6%, despite forecasts for a move up to 8.8%. The ECB, the Swiss National Bank and Swedish Central Bank announce pact to limit central bank gold sales to 400 metric tons a year and agree that total sales over next five years are not to exceed 2,000


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