11.   A key aspect of the report that investors watch is the unit cost of labor, which measures wages.

12.   But investors are watching other areas closely.

13.   Canadian bond investors watch U.S. economic information because the securities tend to be priced off U.S. bonds, the benchmark for valuing other debt.

14.   Canadian investors watch U.S. economic policy because any changes in U.S. rates may force the Bank of Canada to follow suit to support the currency.

15.   Canadian investors watch U.S. economic policies closely because the close links between the two economies usually mean U.S. policy changes are followed by similar shifts in Canada.

16.   Canadian investors watch U.S. economic policies closely because tight links between the two economies usually mean U.S. policy changes are followed by similar shifts in Canada.

17.   During the first quarter, bond investors will be watching the elections scheduled for March, which opinion polls say the fiscally conservative Popular Party will win.

18.   European investors closely watch the U.S. economy because growing inflation in the U.S. often means Europe will follow suit.

19.   Ever since then, the PP has been negotiating to form a coalition government, and investors have watched for news that will dispel the political uncertainty.

20.   Federal Reserve aside, investors are watching for other pieces of the economic puzzle to fall into place in coming days.