Insights


Weekly Economic Perspectives

Weekly Highlights

Economies: The Fed signals contentment with prolonged hold stance. Housing permits fall in Canada. The Conservatives win big in UK elections, but industrial production only clocks an incremental gain. The ECB keeps policy unchanged but there is a hint of closer engagement with other policy makers. Japanese firms’ capex intentions improve. House prices rebound in Australia. 

Markets: Broad gains in global equities as key geopolitical risks ease. Bond yields jump in Australia where RBA easing expectations are scaled back amid house price rebound. The pound gains on election results. Oil and gold both gain for the week on decent growth and inflation prospects.