Weekly Economic Perspectives

Global Manufacturing Activity Now Contracting


Chief Economist
Investment Strategist
Economist

The Economy

  • Q3 GDP growth hides broadening vulnerabilities in the US economy.
  • The BoC downshifts the hiking pace.
  • The ECB hikes 75 bp and tweaks tools to mop up liquidity.
  • The BoJ maintains policy, upgrades inflation forecasts.
  • Aussie inflation in broad-based acceleration.

Spotlight On Next Week

  • The Fed seen delivering another 75 bp hike.
  • The BoE is also expected to hike 75 bp…will it?
  • The RBA seen taking a smaller 25 bps step.

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