Service activity surges in the US. Employment surges in Canada. Service activity picks up in the UK as economy reopens. Industrial production retreats in Germany and plunges in France. Consumer confidence improves in Japan. The RBA reaffirms policy parameters.
Equities largely higher on re-opening theme. A quieter week for yields as investors digest recent big moves. The euro rallies on strong data. Oil retreats on OPEC’s plans to raise output.
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