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Weekly Economic Perspectives: Global Manufacturing Activity Slowing

Chief Economist
Investment Strategist

The Economy

  • Global manufacturing activity decelerating rapidly.
  • US new home sales jump unexpectedly.
  • Inflation hits new records in Canada and the UK.
  • Eurozone services activity slows.
  • Pipeline inflationary pressures intensify in Japan.
  • RBA Governor Lowe signals more hikes ahead.

Spotlight On Next Week

  • Personal spending to slow on the US.
  • Inflation continues to rise in the eurozone.
  • Retail sales to rise in both Japan and Australia.

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