By: Simona M Mocuta & Kaushik Baidya
- Retail sales surge in the US.
- Canadian manufacturing sales suffer from supply disruptions.
- Industrial production improves in the UK but declines in the eurozone.
- Japanese core machine orders fall unexpectedly.
- Australian underemployment lowest since 2014.
- Good week for global equities.
- US yields fall as Fed speeches calm nerves around early lift-off.
- AUD up on strong data, higher commodity prices and weaker USD.
- Oil rebounds after last week’s plunge on hopes of recovery.
Originally Posted on April 19, 2021 – The Australian Labor Market Looks Set For A Bull Run
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