ASR WSJ Newsflow
ASR/WSJ Newsflow: Composite Newsflow rose in October to 65.3, its highest level since March 2005
• It was driven by large increases in the Labour Market and Monetary Policy components, indicative of tightening labour markets and tightening monetary policy globally.
• The Inflation and Earnings components also rose more modestly.
• Running counter to this is the Global Economic component, which has clearly turned. It weaken to 41.5, its lowest level since December 2016.
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