Hear timely video updates from CIO, Rick Lacaille, on market moves, policy changes and more.
Fiscal stimulus boosts US household incomes. Canada’s domestic demand at post GFC lows. German retail sales hold up better than expected. The worst is possibly over for Japan’s labor market. Australian firms downgrade their CAPEX outlook significantly.
Better than expected housing data in the US. Lower energy prices push Canada into deflation. Manufacturing and service activity contracts at a slower rate in the UK and the eurozone. Japan’s nascent consumer demand recovery is nipped in the bud. The RBA expands collateral for repo to include investment grade corporate bonds.