07:24 AM EDT, 09/10/2024 (MT Newswires) -- Bank of Canada Governor Tiff Macklem speaks on "Global trade from a Canadian perspective" before the Canada-United Kingdom Chamber of Commerce in London at 08:25 a.m. ET Tuesday with text available at 08:10 a.m. ET, noted Bank of Montreal (BMO).

This will be followed by a press conference at 09:30 a.m. ET.

Governor Macklem had a presser after last Wednesday's policy announcement -- and 25 bps rate cut -- but Friday's employment report did reveal more labor market slackening, pointed out the bank.

The US dollar is a bit weaker (BBDXY -0.02%) as is the loonie (CAD or loonie) with CAD per USD +0.06%, stated BMO.