Ahead of CAD payrolls: they have come in above consensus in each of the last five reports, blowing it away three times. The average absolute miss has risen to 28.5K in teh last year.
Every time weâve had a blowout January over the past 20 years (defined as 25K above the Q4 average), weâve had a lousy February, with employment changes ranging from +9K to -35K.