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Weekly Economic Perspectives: Australian Unemployment Rate at Twin Record Low

Chief Economist
Investment Strategist

The Economy

  • Another inflation spike in the US.
  • The BoC hikes 50 basis points.
  • UK unemployment declines again.
  • The ECB reiterates policy stance.
  • Japanese core machine orders plunge.
  • Australia labor market remains strong.

Spotlight On Next Week

  • US housing data set to deteriorate.
  • UK consumer confidence might continue to erode.
  • Eurozone manufacturing and service activity to retain good momentum.

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