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Week Ahead: RBA next to hike, UK might avoid a recession

After the past week’s central bank bonanza, things will quieten down in the coming days, although not completely, as the Reserve Bank of Australia will keep the rate hike theme running. On the data front, the highlights will be Canada’s employment report and the first look at UK GDP in the final quarter of 2022. US indicators will be sparse, likely ensuring that the dollar stays on the backfoot after getting knocked down from the not-so-hawkish Fed meeting.Risk Warning: 78.17% of retail inves...

Broadcast on:
03 Feb 2023

After the past week’s central bank bonanza, things will quieten down in the coming days, although not completely, as the Reserve Bank of Australia will keep the rate hike theme running. On the data front, the highlights will be Canada’s employment report and the first look at UK GDP in the final quarter of 2022. US indicators will be sparse, likely ensuring that the dollar stays on the backfoot after getting knocked down from the not-so-hawkish Fed meeting.

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