All eyes on Canada's July employment report - TD Securities

FXStreet (Łódź) - Annette Beacher, Head of Asia-Pacific Research at TD Securities notes that the general expectation for Canada's employment release today is an increase of 20K.

Key quotes

"After shedding 9k jobs in June, we are in line with the market in expecting a rebound of 20k jobs."

"We do think that the risks are tilted to the downside however, as a number of hiring intentions surveys continue to indicate caution."