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Weekly Economic Perspectives: US Building Permits Surge To 15-Year High

Chief Economist

Weekly Economic Perspectives

  • The Economy
    Retail sales rebound in the US but disappoint in Canada and the UK. Manufacturing activity picks up strongly in the eurozone, but services contract further. Japan’s Q4 GDP surprises to the upside. A solid employment report in Australia. 
  • The Market
    Mixed week for equities. Bond yields move sharply higher. The pound and the Aussie move higher. Both oil and gold move lower.