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    Insights   •   Market Updates

    Weekly Economic Perspectives Mixed Signals In US Durable Goods Orders Data

    Last Week's Highlights

    • The Economy: Mixed messages from US durable goods orders. Canadian inflation moderates sharply. Retail sales plunge in the UK. Service activity collapses in the eurozone and Japan. RBA’s Lowe offers a grim outlook.

    • The Market: A risk-off week amid bad macro data and extreme oil volatility. A rather quiet week in bond markets with yields narrowing slightly. The dollar creeps a bit higher. Oil retreats and the price gap between Brent and WTI briefly explodes.

     

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