Insights

Weekly Economic Perspectives: US Housing Sector Still Going Strong

Simona M Mocuta

Senior Economist

Kaushik Baidya

Intermediate Quant Analyst

20 November 2020

Weekly Economic Perspectives

The Economy
The US housing sector continues to impress. Retail sales beat expectations in Canada. UK retail sales rebound. Italian industrial orders retreat. Japan’s Q3 GDP exceed expectations. A robust jobs report in Australia.
The Market
Most global equity markets manage another week of gains. Bond yields narrowed as virus infections increased worldwide. The pound rises on Brexit deal optimism. Oil rises on vaccine hopes.

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