Friday, 5 October 2012

One Minute Late, Canadian Jobs Data


Statistics Canada delayed news reports on Canada's key monthly jobs data early Friday, because of a problem loading data on its website. News organizations, including Dow Jones, had their stories held back because of a "risk" that the news would appear before the government website updated, an agency spokeswoman said. That meant the US nonfarm payrolls report was visible to the market about a minute before the Canadian report on a critical dual-jobs Friday. For market participants looking to trade on data, those seconds-long delays make for some long, long moments in the market.

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