Data released in North America almost met market expectations, taking rates a few basis points lower ahead of tomorrow’s US Nonfarm Payrolls data. In Canada, MoM GDP growth in January was +0.5% (as expected), while in the US, Initial and Continuing Jobless Claims fell short of expected levels, but were within striking distance. Disappointingly, last week’s numbers were revised higher.
Tags: US Nonfarm Payrolls data, GDP, Initial Jobless Claims, Continuing Jobless claims, Apartment lending, lender, financing, Canada, mortgages, Toronto, Vancouver, Calgary, Montrea, Halifax