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Weekly Economic Perspectives: Canada's Employment Recovery Continues

Senior Economist
Intermediate Quant Analyst

Weekly Economic Perspectives

  • The Economy
    Service activity accelerates in the US. Employment bounces in Canada. Industrial production rises in the UK. German industrial production disappoints but Italy surprises positively. Wage weakness persists in Japan. RBA likely to cut in November.
  • The Market
    Strong week for equities, with Australia riding expansionary budget wave. Bond yields generally widen, with Italy the big exception. Dollar weakness resumes. Oil rebounds after last week’s plunge.