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Weekly Economic Perspectives: COVID Drives Extreme Moves In US GDP

Senior Economist
Intermediate Quant Analyst

Weekly Economic Perspectives

  • The Economy
    US GDP rebounds in the third quarter. Bank of Canada to target long-term yields. Eurozone growth surprises to the upside but ECB wary of downside risks. UK housing demand jumps. Manufacturing improves in Japan. Australia’s core inflation remains muted.
  • The Market
    Painful week for global equities, led by heavy losses in Europe. US yields touch four-month highs as elections draw near. The dollar gains amid risk-off sentiment. Oil plunges on Covid-driven demand worries.

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