Have US consumers overstretched themselves? – NBC Financial Markets

Economists from the National Bank of Canada's Financial Markets department are out with a note highlighting that recent growth in consumption spending could be highlighting underpinning economic concerns rather than showcasing resilience in the US economy.
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GBP/JPY Price Analysis: Retreats from two-month highs, drops below 185.00

GBP/JPY suffered a minimal dip on Tuesday after hitting a fresh two-month high at 185.95 and exchanging hands at 184.92, with buyers surrendering the 185.00 figure amid a risk-on impulse.
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