SSGA - Weekly Economic Perspectives
This Week’s Highlights
- Economies: The Fed remains on hold but the BOJ surprises with more easing. Economic growth slows in the US but improves in Canada and the UK. Manufacturing sentiment plunges in the US. Consumer sentiment remains resilient in the US and improves in the UK. Industrial production falls in Japan. Inflation picks up a bit in Australia. (pages 2 – 7)
- Markets: Risk was back on. Equities rose and bonds were bid on BOJ action, promises of ECB action, and less likely Fed action ahead. The yen weakens on BOJeasing.Oilregainsmoreofitslostgroundandgoldisup. (page 8)
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