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Westpac
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Key insights from the week that was.
Westpac
The highlight in markets next week will be the US jobs report. We expect a cooling to 210,00 jobs in April. Over in Poland, all eyes will be on CPI inflation where we expect a bounce back to 2.4%...
ING
Bank of England meets on Thursday, unlikely to signal rate cuts.Reserve Bank of Australia could maintain a higher-for-longer stance.Elsewhere, Bank of Japan releases summary of opinions.
XM
The Bank of England is inching towards the first rate cut, which we expect in August. Expect an optimistic air to Thursday’s meeting but we think the Bank will stop short of rewriting its forward guidance, which would be tantamount to endorsing a June rate cut at a time when the near-term direction of UK inflation is still uncertain.
ING
Job creation was weaker, unemployment higher and wage growth more subdued than expected in the April employment report. With Fed Chair Powell leaning dovish at Wednesday’s press conference this has breathed new life into Federal Reserve interest rate cut calls.
ING
Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions…
XM
Warren Takunda
Eva Chen
Eva Chen
Warren Takunda
Jason
Warren Takunda
Peterson
Peterson
Winkelmann