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Better than expected housing data in the US. Lower energy prices push Canada into deflation. Manufacturing and service activity contracts at a slower rate in the UK and the eurozone. Japan’s nascent consumer demand recovery is nipped in the bud. The RBA expands collateral for repo to include investment grade corporate bonds.

May 22, 2020 By Simona Mocuta , Kaushik Baidya

Economic Perspectives


Better than expected housing data in the US. Lower energy prices push Canada into deflation. Manufacturing and service activity contracts at a slower rate in the UK and the eurozone. Japan’s nascent consumer demand recovery is nipped in the bud. The RBA expands collateral for repo to include investment grade corporate bonds.

May 22, 2020 By Simona Mocuta , Kaushik Baidya

Industrial production and retail sales plunge in the US. Stockpiling essentials can’t prevent big drop in Canadian manufacturing sales. UK, eurozone and German economies contract. Japan’s leading index in March presents a “worsening” scenario. Australia’s unemployment rate not reflective of true underlying conditions.

May 15, 2020 By Simona Mocuta , Kaushik Baidya

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