Reuters

Canada’s job growth accelerated in May at its fastest pace in eight months, and annual wage growth improved, prompting economists to suggest the Bank of Canada could raise interest rates sooner than anticipated.

European stocks were choppy on Friday after Britain’s election delivered no clear winner on the eve of Brexit talks, though a slump in sterling gave an edge to shares in UK exporters.

The dollar rose to a 10-day high against a basket of currencies on Friday, boosted by a weaker British pound after Prime Minister Theresa May’s Conservative Party lost its parliamentary majority in national elections.

With growth slowing and the formal start of Brexit negotiations only days away, the political uncertainty blown open by Britain’s inconclusive election could not have come at a worse time for sterling.

Here are comments from notable financial market analysts on the UK election results.

Sterling saw its biggest daily fall since January before recovering some ground on Friday after an exit poll unexpectedly showed Prime Minister Theresa May falling short of an overall parliamentary majority in Britain’s election.

The greenback held gains against a basket of currencies on Thursday as investors took stock of former FBI Director James Comey’s testimony to the U.S. Senate.

The number of Americans filing for unemployment benefits fell last week, unwinding half of the prior period’s jump and suggesting the labor market was tightening despite a recent slowdown in job growth.

The European Central Bank closed the door on more interest rate cuts on Thursday.

Japan’s economic growth in the January-March period was severely revised down from the original estimate because of a downward adjustment in business inventories.