Key insights from the week that was. In Australia, the Q2 CPI reported a 1.0% (3.8%yr) gain in headline inflation and a 0.8% (3.9%yr) lift in underlying trimmed mean inflation, the latter a material downside surprise relative to consensus. The detail was nuanced, with some prices pressures continuing to abate as others showed persistence. Disinflation […]
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US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications. Assessing the likelihood Read more…
Canadian Highlights Canada continues to digest the implications of last week’s U.S. election result, as interest and exchange rates adjust to expectations for policy changes south of the border. Existing home sales came in strong Read more…
Summary United States: Inflation Redux The descent in inflation remains slow-going. Stubborn services prices lifted the Consumer Price Index 2.6% annually in October, the first acceleration in this measure since Q1. Sticky inflation does not Read more…