Pace of services sector expansion slows in the US. Re-opening drives job gains in Canada. Strong service activity in the UK. Industrial production disappoints across Europe. Overtime wages accelerate sharply in Japan. RBA commences tapering.
Divergent equity market performance: Japan down, US at record highs. Big swings leave treasury yields lower again. Commodity currencies weaken. Volatile week ends with oil little changed and gold a little higher.
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