Market Watch: June 28
This week’s highlights
- Markets wrap productive first half of 2024
- Bond yields flat despite positive PCE reading
- Canada’s inflation rate accelerated to 2.9% in May
- U.S. economic growth for last quarter revised up to a 1.4% annual rate
- German business sentiment weakens with economic, political clouds ahead
- In the news: Global shipping rate surge could lead to higher costs and inflation
Week in review
Markets wrap productive first half of 2024