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        Weekly Economic Perspective

        Gains in US Services Employment Near Pre-Covid Norms

        Simona M Mocuta
        Chief Economist
        Amy Le, CFA
        Investment Strategist
        Venkata Vamsea Krishna Bhimavarapu
        Economist

        The Economy

        • US employment rises but labor demand has slowed.
        • BoC on hold.
        • UK services sector back into expansion mode.
        • Incremental Q3 contraction in eurozone.
        • Strong wage growth in Japan.
        • Aussie GDP below expectations.

        Spotlight On Next Week

        • The Fed to forgo the last hike in the SEP.
        • BoE remains on hold.
        • BoJ Tankan may show resilient capex plans in Japan.
        • Aussie employment to have stalled.
        Read Full Commentary

        More on Weekly Market Update

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