Deal struck after France and Germany agree on how to support investment when budget deficits exceed set limits
Rate cuts aren't around the corner, the European Central Bank suggested
Unemployment has since increased in Canada, but declined in the U.S.
Foreign exchange gains offset by equity, bond market weakness
With the weakening economic outlook, the European Central Bank is expected to hold rates in December
Merchandise trade down, services activity flat from previous quarter
Strong U.S. economy single-handedly drives G7 results
Big project needed to galvanize creation of single capital market
Slowing forecasts diverge as the growing pain of higher rates plays out
Short-term expectations increase, long-term view unchanged