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    Insights   •   Market Updates

    Weekly Economic Perspectives: Signs Of Fatigue In US Retail Sales

    Simona M Mocuta
    Senior Economist
    Kaushik Baidya
    Intermediate Quant Analyst

    Weekly Economic Perspectives

    • The Economy
      The Fed remains on hold, upgrades forecasts. Canadian retail sales top expectations. The BoE holds steady. Eurozone manufacturing activity improves, services contract. The BoJ also stays on the sidelines. Victoria drives Australian employment gains.
    • The Market
      German, US equities lead gains on stimulus, vaccine, industrial data. Yields widen modestly as investors digest mixed data. Dollar weakness continues, as do pound gains. Oil rises briskly and gold catches another bid.

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