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Weekly Economic Perspectives: US Employment Gains Moderate
Weekly Economic Perspectives
The Economy Employment gains slow in the US. Robust GDP growth in Canada. Mortgage applications jump in the UK. Retail sales jump in Germany. BoJ’s Tankan survey came in weaker than expected. AU retail sales retreat.
The Market Most equity markets rallied on good data and US stimulus hopes. Gilts were cheaper on hopes of positive Brexit talk. The pound gained as BoE cooled talk of negative rates. Oil plunged over concerns of OPEC+ overshooting quota.
You should obtain and read a Key Investor Information Document and Prospectus relating to the SSGA Cash funds prior to investing. Further information, including the annual and semi-annual reports and the Key Investor Information Document and Prospectus describing the characteristics, charges, expenses and risks involved in your investments are available for residents of countries where SSGA cash funds are authorized for sale, at www.ssga.com/cash and from your local SSGA office or by calling +44 (0)20 3395 2333.
Investing involves risk including the risk of loss of principal. It is possible to lose money by investing in the funds.
Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. Click the link to obtain a prospectus which contains this and other information, or by calling +44 (0)20 3395 2333, please read it carefully before investing.