Insights

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