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    Weekly Economic Perspectives: Canada's Employment Recovery Continues

    Simona M Mocuta
    Senior Economist
    Kaushik Baidya
    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.
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