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

    Simona M Mocuta
    Senior Economist
    Kaushik Baidya
    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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