Insights

Weekly Economic Perspectives: Inflation Spikes Across Europe

04 October 2021

Chief Economist

The Economy US consumer confidence wobbles. Contact intensive sectors drove Canada’s GDP in July. UK GDP is revised higher. Inflation spikes across Europe. Japan’s Q3 Tankan survey shows robust business conditions. Lockdowns drive higher food prices in Australia. The Market Sharp pullback in global equities. UK yield hits highest since May 2019 on rate hike bets. The dollar strengthens to a year high. Oil gains continue as China’s power crisis intensifies.

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