Weekly Economic Perspectives

US Existing Home Sales Dip Below Covid Lows


Chief Economist
Investment Strategist
Economist

The Economy

  • US housing and industrial activity slows.
  • Canadian inflation eases.
  • UK labor market remains resilient.
  • German business sentiment improves.
  • The BoJ withstands market pressures and keeps policy unchanged.
  • The Aussie labor market weakens unexpectedly.

Spotlight On Next Week

  • Q4 growth to moderate slightly in the US.
  • The BoC seen ending its hiking cycle with a final 25 bp move.
  • Aussie Q4 CPI can throw an upside surprise.

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