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US Homebuilders’ Sales Expectations Collapse

Amy Le, CFA
Investment Strategist

The Economy

  • The US housing sector retrenchment continues.
  • Canadian business sentiment deteriorates.
  • UK retail sales plunge again.
  • Eurozone inflation makes new highs.
  • Japanese inflation also makes new highs.
  • Employment gains slow in Australia.

Spotlight On Next Week

  • Growth to bounce back in the US.
  • The BoC is expected to hike by 50 bp while the ECB will likely go for 75 bp hike.
  • The BoJ is expected to stay pat.

More On Weekly Economic Perspectives