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Weekly Economic Perspectives - Eurozone PMIs: A Different Divergence Than In 2019

Senior Economist

Weekly Economic Perspectives

  • The Economy
    US employment gains slow. Canadian employment gains persist after Q3 GDP rebound. Manufacturing expands, services contract in UK and the eurozone. Japan’s unemployment rate up on increased participation. Australia’s Q3 GDP surprises positively.
  • The Market
    UK and US lead equity gains this week. Yields widen on stimulus and vaccine hopes. Dollar weakness intensifies. Gold and oil move higher.