A big week for central banks as US inflation hangs on
NAB Morning Call
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The Bank of Japan Announces a Policy Review
The German data was the one that carried the day in that sense, and played into them with low and yields. But overall, there's still a picture where we should still expect the ECB to be hiking this week by 25 basis point. And at the same time, when you look at leading indicators, it is still the case that Europe looks a lot more buoyant today compared to those headwinds that the US is facing.
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