Soft consumer spending and growth may signal a slight economic decline
WEEKLY MARKET COMMENTARY |
Policy decisions and corporate earnings will provide an interesting backdrop to this week’s economic releases, which include data on growth, housing, consumer spending and sentiment. Investors will see policy decisions from both the U.S. Federal Reserve and the Bank of Japan, which should bring more focus on negative interest rate policies.
On a global basis, investors will get new information on U.K. gross domestic product on Wednesday. Canadian growth and European employment numbers will be released on Friday.