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Friday, August 9, 2024

Friday Watch List

At 7:30 a.m. CDT, Stats Canada will release monthly employment data, an important factor for the Bank of Canada's interest rate decisions. There are no other significant reports Friday, but traders continue to monitor the latest weather forecasts, global stock markets and the situation between Iran and Israel.

Weather

The remnants of Tropical Storm Debby are moving into the Northeast for Friday where it will produce some heavy rain. A front stalled across the Southern Plains will produce scattered showers there as well. But much of the country will be cooler and quieter.