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Weekly Economic Perspectives: US Inflation Surge May Be Transient, But It's Certainly Intense!

Senior Economist
Intermediate Quant Analyst

  • The Economy
    Inflation jumps in the US. Manufacturing sales improve in Canada. UK GDP surprises positively. German investor sentiment moves higher. Leading indicators surge in Japan. Australian business confidence hits record.

  • The Market
    Soft weak in equities, particularly in Japan. Bond yields widen on upside inflation surprises. The pound strengthens on better than expected UK data. Oil and gold end a little higher.
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