The summer calm will have to wait a little longer as the coming week is filled with crucial events. Canada and New Zealand are geared to raise interest rates, although their currencies are ultimately at the mercy of global recession risks. In China, it’s a close call whether the economy contracted in Q2. Most importantly, US inflation might finally be losing its punch.
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Week Ahead: US inflation might cool, BoC and RBNZ to raise rates
The summer calm will have to wait a little longer as the coming week is filled with crucial events. Canada and New Zealand are geared to raise interest rates, although their currencies are ultimately at the mercy of global recession risks. In China, it’s a close call whether the economy contracted in Q2. Most importantly, US inflation might finally be losing its punch.Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether ...
- Broadcast on:
- 08 Jul 2022