Insights

Weekly Economic Perspectives - Italian Economy Rebounds On Reopening

10 July 2020

Last Week's Highlights

The Economy
Service activity rebounds in US but sustainability questioned amid virus spread. Employment recovery accelerates in Canada. Italian economy rebounds on re-opening. Wage deflation deepens in Japan. The RBA remains on hold, highlights uncertain outlook.
The Market
A mixed week for equities, with virus sapping confidence. Bond yields narrow slightly as investors contemplate risks. The pound strengthens. Both oil and gold advance.

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