Canada's Unemployment Rate Jumps Unexpectedly

The Economy

• Mixed signals on US service activity.
• Canada’s labor market softens as BoC delivers another 75 bp hike.
• Queen Elizabeth II died.
• The ECB goes big with 75 bp hike.
• Japanese GDP revised higher as weak yen raises alarm.
• Strong GDP growth in Australia as RBA hikes again.

Spotlight On Next Week

• US inflation seems poised to moderate again.
• Unemployment rates seen holding steady in the UK and Australia.