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        Weekly Economic Perspective

        More Cash Sales, Longer Sale Cycle for US Existing Homes

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

        The Economy

        • Hawkish Fed speak outweighs second-longest contraction ever in US leading index.
        • Canadian inflation eases noticeably.
        • Persistent resilience in UK services activity.
        • German manufacturing takes another downturn.
        • Japanese data still on the weak side. 
        • Aussie wages grew as expected.

        Spotlight On Next Week

        • US PCE inflation to ease marginally.
        • Japan’s CPI will raise concerns, but retail sales may pick up.
        • Aussie CPI & retail sales to continue easing.
        Read Full Commentary

        More on Weekly Market Update

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