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Weekly Economic Perspectives: UK Unemployment Claims Have Not Yet Peaked


Last Week's Highlights

  • The Economy
    The Fed expects to remain on hold through 2023. Sales data continued to improve in Canada. The BoE ponders negative interest rates. Business sentiment improves in Germany and France. Japan’s services inflation dropped due to travel incentives. Australia’s labor market surprises positively.
  • The Market
    Japanese equities end higher in the week that Suga took charge. Bond yields are little changed. Pound weakens on BoE talk of negative rates. Oil jumps on Saudi commitment to OPEC cuts.

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