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Weekly Economic Perspectives - Italian Economy Rebounds On Reopening

Last Week's Highlights

  • The Economy
    Service activity rebounds in US but sustainability questioned amid virus spread. Employment recovery accelerates in Canada. Italian economy rebounds on re-opening. Wage deflation deepens in Japan. The RBA remains on hold, highlights uncertain outlook. 
  • The Market
    A mixed week for equities, with virus sapping confidence. Bond yields narrow slightly as investors contemplate risks. The pound strengthens. Both oil and gold advance.