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US Consumers Are Highly Attuned to Declining Job Openings

Chief Economist
Investment Strategist

The Economy

  • Further signs of modest softening in the US labor market.
  • Canadian GDP disappoints.
  • Further weakening in the UK housing market.
  • Mixed growth and inflation data in the eurozone.
  • More women look for employment in Japan.
  • Aussie CPI eased again in July.

Spotlight On Next Week

  • The BoC to remain on hold.
  • Household spending in Japan may tick up.
  • The RBA to remain on hold, while Q2 GDP could rise 0.2% q/q.

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