SSGA - Weekly Economic Perspectives

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This Week’s Highlights

- Economies: Fed minutes add to the confusion over timing of rate lift-off. Retail sales plunge in Canada. The labor market continues to tighten in the UK. Manufacturing activity remains anemic in the eurozone. GDP rises in Japan (Figure 1). Car sales fall in Australia. (pages 2 – 5)

- Markets: The latest Greek drama is coming down to the wire. Equities are mostly higher. UK yields jump. EUR is offered. Oil rises again. (page 6)

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