US Unemployment Rate Ticks up Despite Payrolls Gain

The Economy

• Another contradictory jobs report in the US.
• Stronger than expected Canadian GDP.
• UK house prices resume downtrend.
• First signs of easing in eurozone core inflation.
• Japanese consumer confidence increases again.
• Australia’s monthly CPI slowed sequentially.

Spotlight On Next Week

• BoC to resume hiking.
• Japan’s GDP to be revised substantially higher.
• RBA to hold interest rates while GDP could print below the consensus.