DJI46,944.35+0.83%
GDAXI23,564.01+0.50%
GSPC6,704.63+1.09%
HSI25,834.02+1.45%
IXIC22,411.50+1.38%
N22553,751.15-0.13%
AAPL253.14+1.21%
AMZN209.90+1.07%
CL95.09-3.67%
EURUSD1.1501+0.68%
GBPUSD1.3311+0.67%
GC5,003.10-1.16%
GOOG303.54+0.69%
JPM285.61+0.77%
META626.36+2.15%
MSFT399.19+0.92%
NVDA184.89+2.57%
TSLA397.34+1.57%
DJI46,944.35+0.83%
GDAXI23,564.01+0.50%
GSPC6,704.63+1.09%
HSI25,834.02+1.45%
IXIC22,411.50+1.38%
N22553,751.15-0.13%
AAPL253.14+1.21%
AMZN209.90+1.07%
CL95.09-3.67%
EURUSD1.1501+0.68%
GBPUSD1.3311+0.67%
GC5,003.10-1.16%
GOOG303.54+0.69%
JPM285.61+0.77%
META626.36+2.15%
MSFT399.19+0.92%
NVDA184.89+2.57%
TSLA397.34+1.57%
DJI46,944.35+0.83%
GDAXI23,564.01+0.50%
GSPC6,704.63+1.09%
HSI25,834.02+1.45%
IXIC22,411.50+1.38%
N22553,751.15-0.13%
AAPL253.14+1.21%
AMZN209.90+1.07%
CL95.09-3.67%
EURUSD1.1501+0.68%
GBPUSD1.3311+0.67%
GC5,003.10-1.16%
GOOG303.54+0.69%
JPM285.61+0.77%
META626.36+2.15%
MSFT399.19+0.92%
NVDA184.89+2.57%
TSLA397.34+1.57%
CYBERETIKAGLOBAL FINANCIAL INTELLIGENCE
LIVE
CAN Financial Post EN

Bank of Canada more likely to cut than hike after ‘brutal’ jobs report, say economists

Markets are still pricing in at least one interest rate increase this year due to the price shock from rising oil prices

Mar 13, 2026 &03151313202631; 16:15 UTC financialpost.com Trending 4/5
Read original on financialpost.com ↗
↘
Negative for markets
Sentiment score: -65/100
High impact Short-term (days)
WHAT THIS MEANS
The Bank of Canada is now more likely to cut interest rates than hike following a weak employment report, despite markets still pricing in potential rate increases due to oil price pressures. This creates conflicting signals between labor market weakness and inflationary commodity pressures.
AI CONFIDENCE
75% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
↑
EURCAD
EURCADCurrency
Expected to rise
CAD weakens as rate cut expectations increase, making EUR stronger against Canadian dollar
↑
GBPCAD
GBPCADCurrency
Expected to rise
Similar CAD weakness dynamic benefits GBP
⇅
Oil (WTI Crude)
CL=FCommodity
High volatility expected
Oil prices remain supportive of potential rate hikes, creating tension with employment weakness
↑
S&P 500
^GSPCIndex
Expected to rise
Rate cut expectations generally support equity markets
↓
10-Year Treasury Yield
^TNXBond
Expected to decline
Bond yields likely to decline as rate cut probability increases
PRICE HISTORY
Loading chart...
⚡ SUGGESTED ACTION
Consider long positions in EURCAD and GBPCAD as CAD depreciation accelerates with rate cut expectations. Monitor oil prices closely as sustained high crude could force BoC to maintain hawkish stance, creating reversal risk.
KEY SIGNALS
Weak Canadian employment data signals economic slowdownBoC pivot toward easing bias despite oil-driven inflation concernsMarket pricing disconnect between rate cut expectations and commodity inflationCAD currency weakness likely to persist
SECTORS INVOLVED
Financial ServicesEnergyConsumer Discretionary
Analysis generated on Mar 16, 2026 at 13:53 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Financial Post. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

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